31.07.2014 - Azerbaijan determines broker on placement of Southern Gas Corridor second issue of bonds
The new issue of Canub Qaz Dehlizi's bonds ("Southern Gas Corridor") to the amount of $1.2 billion was put for mass sale at the Baku Stock Exchange (BSE). "InvestAZ" company was chosen the broker of the acquirer, InvestAZ said on July 30. The total volume of the issue is $1,246,355. Its prospectus has been recently registered by the Azerbaijani State Securities Committee. The State Oil Fund of Azerbaijan (SOFAZ) has been instructed to provide equity financing for the CJSC, which is under direct state ownership. The funds remitted to the CJSC for financing the equity will provide a long-term return on investment...............................................Full Article: Source
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