SOCAR places debut Eurobond issue

SOCAR will place its debut Eurobond issue worth $500 million on February 9, Trend cites Dow Jones Newswires as saying today.

The yield of the Eurobond issue will hit 5.45% per annum. The maturity date of the primary Eurobond issue is set for February 9, 2017. They will be included on the listing of the UK and London Stock Exchange.

According to the press release the issuers are the Royal Bank of Scotland, Citi Bank and Deutsche Bank. Nomura International and Société Générale are the managers.