Thursday 10 March 2016

Azerbaijan seeks to raise $2bn bond - FT.com

Azerbaijan seeks to raise $2bn bond - FT.com:

"Azerbaijan is set to begin meeting investors on Thursday as it attempts to raise $2bn on international markets to fund its flagship energy project amid an economic crisis triggered by the fall in oil prices.
The state-owned Southern Gas Corridor Company (SGCC) has hired UniCredit, Citi and JPMorgan to arrange a roadshow starting in London ahead of a planned US-dollar denominated bond that will be guaranteed by the state, people familiar with the matter told the FT."



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