Sonelgaz Launches AD10Bn Bond Issue

...minal value of AD10,000 ($136.7) and minimum subscription is AD20,000 ($273.3) with no limit on maximum subscription. The bond’s principal amount will be fully amortized on 22 May 2011. The six-year tenor bond carries a step-up coupon rate of 3.50% during the first year, 3.75% during the second year, 4....