BAKU, Azerbaijan, April 26. The next coupon payment on bonds of the State Oil Company of Azerbaijan (SOCAR) will take place on May 4 this year, SOCAR told Trend.
According to the company, on this day, more than $1.1 million of interest income will be transferred to the accounts of bondholders.
The first coupon payment on the 2nd SOCAR Bonds issued at $100 million, demand for which was $400 million, took place on February 1. Quarterly coupon payment of over $1.2 million on new SOCAR Bonds with a nominal value of $1,000 and a maturity of five years, annual coupon of 4.5 percent distributed quarterly was transferred to accounts of SOCAR bondholders.