IFLR1000

SOCAR $750 million eurobond issue

18/3/2015
Investment grade bond/note issue
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$ 750 million

Completed

18/3/2015

Overview:

  • SOCAR, the state-owned oil company of Azerbaijan, issued $750 million in eurobonds.
  • These notes have a yield of 6.95% and reach maturity in 2030.
  • Deutsche Bank, JPMorgan Securities, Natixis, SMBC Nikko Capital Markets and Deutsche Trustee Company acted as managers.

 Rani Mehta - Journalist 

Jurisdiction:

Azerbaijan

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Oil and gas

Firms:
BM Morrison Partners

Party: JP Morgan (Manager)

Party: Deutsche Bank (Manager)

Party: Naxtis (Manager)

Party: Deutsche Trustee Company (Manager)

Party: SMBC Nikko (Manager)

Lawyers: Delara Israfilova, Farhad Mirzayev

Dechert

Party: SOCAR (Issuer)

Lawyers: Camille Abousleiman, Patrick Lyons

Omni Law Firm

Party: SOCAR (Issuer)

Lawyer: Roman Alloyarov

White & Case

Party: JP Morgan (Manager)

Party: Deutsche Bank (Manager)

Party: Naxtis (Manager)

Party: Deutsche Trustee Company (Manager)

Party: SMBC Nikko (Manager)

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