ADB arranges $524.5 million syndicated loan for SGC

ADB arranges $524.5 million syndicated loan for SGC
# 22 December 2017 13:25 (UTC +04:00)

Today, loan and guarantee agreements were signed on allocation of $524.5 million syndicated loan by Asian Development Bank (ADB) for support of Shahdeniz development with the state guarantee of Azerbaijan, as well as guarantee of ADB.

 

The guarantee agreement was signed by Finance Minister Samir Sharifov and Director General of the Southern Gas Corridor Afghan Isayev.

 

 

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THE OPERATION IS BEING PERFORMED