Features

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Perspective
15 September 2017

Inside Tajikistan’s baffling Rogun bond issue

In:
Power, Renewables
Region:
Asia-Pacific
Tom Nelthorpe
Tom Nelthorpe
Tajikistan has startled bond investors with its debut Eurodollar issue – a deal designed to finance construction of the 3600MW Rogun hydroelectric power project. But the bigger mystery is why it came to market at all.

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