Xalg Bank buys $8M-bonds from SGC

Xalg Bank buys $8M-bonds from SGC
# 09 June 2017 08:58 (UTC +04:00)

In 2016 Xalg Bank bought Eurobonds worth $8 million issued by the Southern Gas Corridor.

 

Azerbaijani Republic has issued sovereign guarantee to them.

 

Yield makes up 6.875%. Payments will be done on March 24 and September 24. Final date for payment is 2016. The bonds have been placed in Irish Stock Exchange. 

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THE OPERATION IS BEING PERFORMED