French poultry producer Groupe Doux withdrew its senior notes offer on Friday (12 November) due to “difficult” market conditions.
The company announced plans in early November to raise EUR400m (US$546m) to strengthen its balance sheet.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Groupe Doux insisted that the decision is solely due to market conditions and that once volatility in the bond market returns to acceptable levels, it will look to propose the offer again.
