On March 22, 2016, Azerbaijan's Southern Gas Corridor company completed the issuance of a 10-year Eurobond in the amount of $1.0bn, with a 6.875% coupon rate, payable
semi-annually. The placement was announced as a success by the Ministry of Finance of Azerbaijan.
The 5.75 percent notes due September 30, 2030 have an initial fixed interest rate, payable
semi-annually, a 15-year term, and were offered to the public at par.
Air Lease said the 2024 notes will mature on September 15, 2024 and will bear interest at a rate of 4.250% per annum, payable
semi-annually in arrears on March 15 and September 15 of each year, commencing on March 15, 2015.
Moreover, the company stated that they continue to offer customers the three -year certificate of deposit as the bank increased the rates of the three-year certificate to be 10.25 percent per annum paid annually, 10.20 percent
semi-annually, 10.15 percent quarterly, and 10 percent monthly.
The senior unsecured bonds, maturing in October 2015, will have a coupon of 6.5% payable
semi-annually in arrears and will be issued and redeemed at 100% of the principal amount.
The notes will bear interest at a fixed rate of 6 percent per annum payable
semi-annually in arrears from (and including) the issue date for a period of five years, and thereafter at a floating rate, reset and payable
semi-annually in arrear, reflecting the initial margin above the then prevailing six-month Emirates Interbank Offered Rate (EIBOR).
The Sukuk will pay an expected return at a rate of 6% per annum, payable
semi-annually in arrear from (and including) the issue date for a period of five years, and thereafter at a rate, reset and payable
semi-annually in arrear, reflecting the initial margin above the then prevailing six month Emirates Interbank Offered Rate.
The two-year sukuk is an equity investment sukuk, with an eight per cent profit rate payable
semi-annually.
The notes will mature in May 2014 and will pay interest
semi-annually at a rate to be determined.
Over 1,000 pages; $250 print version (updated
semi-annually); $300 online version (updated as needed).
Eleven less-populated and less-affluent dioceses, whose bishops meet
semi-annually in an informal grouping called Council of the North, presented a report which noted that General Synod support for those dioceses has declined to $2.37 million for 2006 from $3.55 million in 1993.
Interest on the notes will be payable
semi-annually on May 15 and November 15, commencing May 15, 2006.