SOCAR postpones the issue of Eurobonds
Edited by Rhod Mackenzie / 2014-03-18 05:14:40
The State Oil Company of Azerbaijan (SOCAR) has postpone the third issue of its Eurobonds.
The Vice-president of SOCAR for Economic Affairs, S.Gasymov asserted. According to him, the issue of bonds is not relevant to date. He has also added that SOCAR was about to issue long-term Eurobonds for a period of 30 years. “We study the market at present,” he said.
Answering the question about the volumes of the issue, the vice-president of the company said they were not determined so far.
