Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by jgambino | Tue, 2009-09-29 17:10
selected project
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. This bond was released behind schedule, in early March of 2010 rather than late 2009.
- Amount (Current Dollar Value): 1.3557 billion
Status
- Current Status:
- Discussion Date: Tue, 2009-09-29
- Contract Date: Tue, 2009-12-01
- Completion Date: Tue, 2010-03-09
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.
2. "Iran to launch first euro bond phase today", The Daily Star, 10 March 2010, available at http://www.dailystar.com.lb/article.asp?edition_id=10&categ_id=3&article...