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Puma fails to issue dollar-denominated five-year senior notes
By Cady Vishniac
Detroit, Dec. 21 – Puma International Financing SA failed to price its proposed dollar-denominated five-year senior notes, according to a notice.
The company had planned a Rule 144A and Regulation S issue to be guaranteed on a senior unsecured basis by Puma Energy Holdings Pte. Ltd.
The company said it engaged with 125 investors over the course of two weeks, but ultimately decided not to issue the notes.
Puma is a Singapore-based oil and gas products and services company.
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