Bank Of Baku

SOCAR prepares for emission of Eurobond in the coming months

SOCAR prepares for emission of Eurobond in the coming months
# 16 September 2011 10:47 (UTC +04:00)
To him, preparation works are underway in this direction and SOCAR sees the possibility of realization of emission until the end of 2011: “But factor on current situation will be taken into consideration as well”.

Remind that, when preparation works finished, SOCAR considers holding presentation of Eurobonds at securities market America, Europe and Asia.

According to initial plans, the volume of Eurobonds emission will make $500 mln, maturity date – 5 years.
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THE OPERATION IS BEING PERFORMED