Titan blow to Asia's high yield market

Titan Petrochemicals withdraws bond as Continental Chemical re-considers its options.
March 30, 2004

Joint lead managers Goldman Sachs and JPMorgan withdrew a $250 million to $300 million high yield deal for Malaysia's Titan Petrochemicals yesterday (Tuesday) after failing to find sufficient investor support around the 8.5% indicative pricing level.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media