Differences over the appropriate benchmark for pricing 30-year corporate bond offerings scuttled part of a new issue by Corning Inc. yesterday.

In the morning, Corning and its senior manager, Lazard Freres & Co., began soliciting bids on $100 million of 10-year notes and $100 million of 30-year bonds, according to market participants.

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.