TODAY.AZ / Business

Azerbaijan to float eurobonds in autumn

21 May 2007 [16:33] - TODAY.AZ
The efforts to seek a manager and a legal consultant for the first issue and flotation of eurobonds in the international market have continued to progress, said Gunduz Mammadov, chair of the State Committee for Securities.

He added that the first issue of $300 to $350 million is expected to come in autumn for 5 years in term. The yield has not been set yet.

He also added that it is not planned to spend the amount to be earned from floatation on a particular project. APA-Economics

URL: http://www.today.az/news/business/41128.html

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