Danish shipping and oil group A.P. Moller-Maersk has postponed a planned bond issue worth up to 1 billion euros ($1.44 billion) due to poor market conditions, analysts told Reuters on Wednesday.
Maersk said last month that Barclays Capital, ING, JPMorgan Chase, Mitsubishi and Nordea would start a roadshow on May 31, but that it had not made a final decision on whether to go ahead with the bond.
Analysts said on Wednesday the issue has probably been postponed for weeks.