EURO CORP: EFSF on hold, but BAT lights up primary


By Andrew Perrin and Josie Cox LONDON, Nov 2 (IFR) - The European Financial Stability Facility delayed its keenly anticipated EUR3bn deal, but corporate issuance did not dry up as credit indices tightened correctively and partially recovered from Tuesday's sharp losses. Lead managers for EFSF said that they now expected the long 10-year deal to price in the next two weeks. "The EFSF has no immediate urgency to fund and felt that doing a deal today might be rushing things, especially ...

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