Abitibi-Price Inc. has benched the $150 million junk bond offering it planned for this month until early next year, sources familiar with it said Friday.

"The December time frame was the original time frame, and right now we are looking at January," Bob Tait, manager of investor relations at the Canadian company, said Friday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.