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Russian aircraft maker delays float and debut bond

Irkut Corporation, the Russian fighter jet manufacturer, has postponed the planned listing of its shares in London and put an international bond issue on hold until the company is subsumed within the new state-owned United Aviation Company.

This is the second time the company has pulled back from accessing the international capital markets after postponing the sale of a credit-linked note late last year. Irkut completed the $125m (€98m) deal in March.

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