Baku 19° C
Fitch upgrades Southern Gas Corridor CJSC's Eurobond's rating
Finance
- 13 August, 2024
- 07:29
Add Report.az to preferred Google sources
Stay up to date with the top news!
Fitch has upgraded Southern Gas Corridor CJSC's (SGC) senior unsecured Eurobond's long-term foreign-currency rating to 'BBB-' from 'BB+', Report informs referring to the rating agency.
The rating of SGC's $2 billion Eurobonds maturing in 2026 reflects the unconditional, unsubordinated and irrevocable guarantee of full and timely repayment provided to SGC's noteholders by the state. As a result, Fitch views the notes' rating as equalised with Azerbaijan's Long-Term Foreign-Currency IDR.
Author
“Fitch” “Cənub Qaz Dəhlizi”nin avrobondlarının reytinqini yüksəldib
Fitch повысило рейтинг еврооблигаций "Южного газового коридора"
Latest News
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports
21:17
Azerbaijan's gas production projected to rise 1.5% next year
Energy
21:11
Photo
Officials from five countries visit ASAN service center in Baku
Foreign policy
21:04
Minister: Heydarov: Fire and rescue competitions strengthen international cooperation
Foreign policy
20:58
Kamaladdin Heydarov: Azerbaijan recognized as a major international sports hub
Foreign policy