SOCAR sells $750-million bonds mostly to US investors
29.03.2015 16:15
Azerbaijan’s state oil company SOCAR sold 41 percent of its $750-million bonds to US investors, the company said on its website.
The US was followed by the United Kingdom, which bought 39 percent of the 15-year bonds.
The rest of Europe got 18 percent. Other regions of the world bought 2 percent.
SOCAR said 93 percent of the bonds were sold to fund managers, 5 percent to banks and 2 percent to pension funds.
It was the third bond sale by the Baku-based company.
ANN.Az
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