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Prospect News home > News index > List of issuers P > Headlines for Penerbangan Malaysia Bhd. > News item
Published on 10/24/2005 in the Prospect News Emerging Markets Daily.

Malaysia's Penerbangan withdraws $1 billion two-part bond deal, cites 'documentation issues'

By Paul A. Harris

St. Louis, Oct. 24 - Penerbangan Malaysia Bhd. withdrew its $1 billion two-part bond offering (A3/A-) Monday, citing "documentation issues," according to a market source.

The prospective issuer had been marketing a $750 million offering of 10-year bonds and a $250 million offering of 30-year bonds.

CIMB Bhd., Citigroup and HSBC were managing the sale.

Penerbangan Malaysia is a Malaysian air carrier.


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