Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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South Pars Bond Sale

description

Iran plans to offer a 1 billion euro bond sale to finance the South Pars gas field project.  The bond sale should rase 1 billion by December, rising to $12 billion USD by 2012.  It is unlikely that this sale will attract attention from Western financial markets, as US banks are forbidden from financial dealings with Iran.

  • Amount (Current Dollar Value): 1.459663 billion

Status

  • Current Status:
  • Discussion Date: Tue, 2009-09-29
  • Contract Date: Tue, 2009-12-01
  • Completion Date:

Citation

1. "Iran Plans 1 Billion-Euro Bond Sale to Fund Gas Field", Bloomberg, 28 September 2009, available at http://www.bloomberg.com/apps/news?pid=20601087&sid=arHUwsN_s_XY.