Azerbaijan's Southern Gas Corridor sells $1 bln Eurobond - finance ministry
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Azerbaijan's Southern Gas Corridor sells $1 bln Eurobond - finance ministry
BAKU, March 24 (Reuters) - Azerbaijan's Southern Gas Corridor company has sold $1 billion in a 10-year Eurobond, the finance ministry said on Thursday.

"Demand for the Azerbaijan's Southern Gas Corridor bond was secured in a great part by investors from the United States and Great Britain," the ministry said in a statement.

The Eurobond was sold 80 basis points above Azeri sovereign bonds, with a coupon of 6.875 percent, the ministry added.

(Reporting by Nailia Bagirova; Writing by Lidia Kelly; Editing by Jacqueline Wong)

2016-03-24 06:48:15


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