April 17, 2018 / 9:24 AM / in 4 months

Russian housebuilder PIK Group postpones bond sale

MOSCOW, April 17 (Reuters) - Russia’s biggest housebuilder PIK Group said on Tuesday it had postponed indefinitely the issuance of 14 billion roubles ($227.66 million) of domestic bonds.

The company, which had planned to place the bonds on April 18, did not give a reason for the postponement. ($1 = 61.4958 roubles) (Reporting by Polina Devitt; writing by Maria Kiselyova, editing by Louise Heavens)

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