JSW asks its debt holders not to redeem bonds

Poland's coking coal miner JSW asked its bond holders to abstain until October 31 from demanding earlier redemption of the company's bonds, Reuters agency reported. The bond holders have the right to demand a redemption of their bonds as JSW failed to issue bonds on foreign markets. In 2014, JSW's zloty- and dollar-denominated bonds were worth about $388 million. JSW said it has failed to issue the eurobonds due to unfavorable market conditions.