UPDATE 1-Iran Khodro automaker plans 300 mln euro bond issue

Newswire

(Ads details, background) By Amir Paivar TEHRAN, June 21 (Reuters) - Iran Khodro, the largest car maker in the Middle East, plans a 300 million euro bond issue this autumn if it wins a credit rating from Fitch, a senior adviser to the company said on Monday. This is believed to be the first major international bond issue from the Iranian corporate sector. Iran issued sovereign debt on the European capital markets in 2002, the first time since the 1979 Islamic revolution. "If we get ...

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