SOCAR purchases its euro bonds for $500 mln
Edited by Rhod Mackenzie / 2016-01-18 02:54:36
SOCAR purchases its euro bonds for $500 mln with the period of settlement in 2017.
All holders of euro bonds at 5.45% per annum are invited for participation in the trades. SOCAR is said to purchase bonds for cash.
The offer is valid until Jan 26.
It is about the first issue of euro bonds of SOCAR which was offered in February 2012.
Later the company offered bonds twice: March 2013 for $1 bln and March 2015 for $750 mln.
