Russian truck maker KAMAZ postpones $266 mln bond
Russia`s largest truck maker, said on Friday it has postponed until 2008 a 6.5 billion rouble bond issue originally planned for this autumn.

Russia`s largest truck maker, said on Friday it has postponed until 2008 a 6.5 billion rouble bond issue originally planned for this autumn.
Asked when KAMAZ might issue the bond, corporate finance department director Yelena Milinova told reporters: "Not this year. Possibly next year, if more liquidity appears on the market."
KAMAZ has previously said it would use the funds raised to buy back 10 percent of its own shares. Milinova said the company had found its own finance with which to do this.