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Prospect News home > News index > List of issuers E > Headlines for Essar Services Mauritius/Aegis Ltd. > News item |
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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