KYIV, Nov 14 – Ukraine’s national energy company Naftogaz Ukrayiny postponed the placement of five-year Eurobond due to market turmoil over the past week, a financial industry source said Wednesday.
"The placement has been postponed due to the unfavorable situation on the market," the source told Interfax-Ukraine.
World’s main stock market indexes dropped sharply after major sell-off has been triggered by sliding technology shares, led by Apple. The selloff triggered jitters on the emerging market, reducing investor appetite for emerging market risk.
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