Frankfurt am Main, March 18, 2016 -- Moody's Investors Service has today assigned a provisional (P)Ba1 rating to Southern Gas Corridor Closed Joint Stock Company's (SGC) upcoming US$ 1.0 billion 6.875 per cent (semi-annual) Guaranteed Notes due 24 March 2026 and guaranteed by the Republic of Azerbaijan (Ba1, Review for Downgrade). At the same time, the provisional rating is placed under review for downgrade, in line with the review for downgrade of the government's rating.
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