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Rosneft delays bond amid debt turbulence

Rosneft, the Russian state-owned energy giant, has become the latest company to suffer from the deteriorating health of the global debt markets after pulling the sale of its $2bn (€1.5bn) eurobond.

The energy company was planning to close its sale today but has decided to wait until the end of the year to issue the bonds, citing unfavourable market conditions in the debt markets.

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