SOCAR will release Eurobonds in March

 

The State Oil Company of the Azerbaijan Republic (SOCAR) will have released Eurobonds in March, said the company’s President Rovnag Abdullayev, Trend reports.Abdullayev clarified that the need for the bonds was provoked by dropping oil prices. The bonds will be released by Deutsche Bank and JP Morgan. The number of the Eurobonds has not been clarified.SOCAR previously released bonds in 2012 and March 2013.

 

The State Oil Company of the Azerbaijan Republic (SOCAR) will have released Eurobonds in March, said the company’s President Rovnag Abdullayev, Trend reports.

Abdullayev clarified that the need for the bonds was provoked by dropping oil prices. The bonds will be released by Deutsche Bank and JP Morgan. The number of the Eurobonds has not been clarified.

SOCAR previously released bonds in 2012 and March 2013.