As a result, market sources say the deal may have priced yesterday afternoon. However, bankers involved in the transaction declined to comment, with Citi reportedly even refusing to share the details of the trade, or indeed whether it had priced, with joint lead manager Lehman Brothers.
The deal, which has been in the pipeline since July, reportedly succeeded in garnering only $60 million in demand earlier this week for what bankers had marketed as a $100 million offering....
¬ Haymarket Media Limited. All rights reserved.
