13.07.2012 - Iran plans 10 bln euro bond issue for oil sector
Iranís national oil company has been authorised to issue up to 10 billion in euro-denominated bonds this year to help finance its activities, NIOCís director said on Wednesday, in a further sign the countryís biggest business is creaking under sanctions. The possible bond issue, which could also include trillions in local currency debt, will depend on Iranís ďsituation,Ē Ahmad Qalebani was quoted by oil ministry website Shana as saying at a conference on oil and gas sector development...............................................Full Article: Source
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