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Report: Yapı ve Kredi Bankasi pulls eurobond placement

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Report: Yapı ve Kredi Bankasi pulls eurobond placement

Yapi ve KrediBankasi AS on July 19 canceled a $550 million eurobond on what was meant to beits settlement date, InternationalFinancing Review reported the same day.

Priced July 12, the seven-year eurobond was pulled back inthe wake of the attempted coup in Turkey. The bank said it will "revisit themarket at a later date subject to market conditions," the report added.