UPDATE 1-Bahrain cancels $750 mln bond sale after S&P downgrade
 

18-02-16 12:24 PM

DUBAI, Feb 18 (Reuters) - Bahrain's government cancelled a $750 million bond sale on Thursday after Standard & Poor's downgraded its rating of the kingdom's debt to junk status, underlining the financial pressures on Gulf states in an era of cheap oil prices.

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