Wednesday 29 June 2011

Abu Dhabi bonds sale delayed over Greek crisis - The National

Dolphin Energy has delayed plans to sell bonds because of market volatility caused by the debt crisis in Greece.

The Abu Dhabi energy producer was expected to announce the pricing after hiring banks to hold investor meetings last week.

But the firm has decided to wait until after the resolution of Greece's latest austerity measures, when pricing is expected to improve, according to a person familiar with the matter.


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