Weak demand forces India’s GMR to pull placement
Date: 30 Jun 2009
GMR Infrastructure had to abandon its US$500 million qualified institutional placement after struggling to sell it into a volatile marketplace. It is believed to be India's largest failed offering this year in an indication of skittish investor sentiment.
Keywords (click to search): [GMR Infrastructure] [qualified institutional placement] [QIP] [withdrawn]
 Ruth David |
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