According to him, company’s relevant structures work on this emission: “If we pay an interest by borrowing from abroad, why don’t we do it in Azerbaijan? This will also cause reviving of securities and debt market”.
Abdullayev stated that the volume of the issue could be AZN 500 mln. Potential purchasers of bonds can be local banks, companies, as well as individuals. The bonds are planned to issue next year. The funds, to come from emission, will be directed to projects of Company within the country and exploitation of Umid field. Circulation term is 5 years.