IBA bad bank breaks terms of Eurobonds

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

IBA bad bank breaks terms of Eurobonds

Azerbaijan Bakupx230

Bondholders of a $211m private placement issued by the International Bank of Azerbaijan (IBA) met last week to discuss the bank’s request for a waiver after it unknowingly breached the bond's covenants.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article