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Porsche ABS bond deal pulled as emissions scandal expands
November 3, 2015 / 7:27 PM / 2 years ago

Porsche ABS bond deal pulled as emissions scandal expands

NEW YORK, Nov 3 (IFR) - Porsche pulled a US$505.3m auto bond deal from the market on Tuesday after US environmental regulators said the luxury carmaker, like parent Volkswagen, had cheated on emissions.

Reporting by Joy Wiltermuth; Editing by Marc Carnegie

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