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Prospect News home > News index > List of issuers E > Headlines for Essar Services Mauritius/Aegis Ltd. > News item
Published on 6/28/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

India's Essar/Aegis postpones planned $300 million notes offering

By Paul A. Harris

Portland, Ore., June 28 - India's Essar Services Mauritius/Aegis Ltd. postponed a planned $300 million offering of five-year senior notes (/BB-/BB-) due to market conditions, market sources said.

Deutsche Bank Securities Inc., UBS Investment Bank and Standard Chartered Bank were the joint physical bookrunners.

The Mumbai, India, provider of outsourcing services had planned to use the proceeds to repay debt and for general corporate purposes.


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