IFLR1000

Southern Gas Corridor $1 billion eurobond issue

24/3/2016
Investment grade bond/note issue
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$ 1 billion

Completed

24/3/2016

Overview:

  • Southern Gas Corridor has issued $1 billion of eurobonds in the international markets. 
  • The notes have a yield of 6.875% and reach maturity in 2026.
  • The notes are guaranteed by the Republic of Azerbaijan.
  • Citigroup, JPMorgan, and UniCredit acted as arrangers.

Rani Mehta - Journalist 

Jurisdiction:

Azerbaijan

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Oil and gas

Firms:
BM Morrison Partners

Party: Citigroup (Arranger)

Party: JPMorgan Chase (Arranger)

Party: Unicredit (Arranger)

Lawyers: Delara Israfilova, Farhad Mirzayev

Clifford Chance

Party: Southern Gas Corridor (Issuer)

Omni Law Firm

Party: Southern Gas Corridor (Issuer)

Lawyer: Roman Alloyarov

White & Case

Party: Citigroup (Arranger)

Party: JPMorgan Chase (Arranger)

Party: Unicredit (Arranger)

Lawyer: Melissa Butler

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