Article: Greenko Mauritius halts dollar bond issuance, seeks alternative bank borrowing
Initially, the proposed notes, rated BB by Fitch and Ba2 by Moody's, were expected to price a 3.5-year bond under 7%. However, Earlier this year, Greenko Mauritius deferred the bond due to interest rate volatility. The $425 million bridge loan remains outstanding and is due by September 30, 2024.