Azerbaijan's SOCAR To Issue $100M In Eurobonds For Azeri Citizens

Reuters

BAKU, Sept 9 (Reuters) - Azeri state oil company SOCAR will issue $100 million worth of dollar-denominated Eurobonds for Azeri citizens on Sept. 20, the country's financial markets regulator said on Friday.

The five-year papers will be placed at a yield of annualised 5 percent.

(Reporting by Nailia Bagirova; Writing by Lidia Kelly; Editing by Maria Kiselyova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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