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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Iran to issue bonds worth $7bln

Posted on 23 November 2010

From Tradearabia.com: Iran will issue bonds worth some 5 billion euros ($7 billion) to help finance development of its giant South Pars gas field, the semi-official Mehr news agency quoted a senior official as saying.
“Soon we will issue international bonds worth … 5 billion euros for the development of this field that Iran shares with Qatar,” Mehr quoted Ali Vakili, managing director of the Pars Oil and Gas Co (POGC), a subsidiary of the National Iranian Oil Co……………………………………….Full Article: Source

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