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Azerbaijan-based NBCO issues USD, EUR denominated bonds

02 February 2016 13:21 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. State Committee for Securities has registered emission prospectus of interest-bearing, unsecured and book-entry shares of Viza Kredit Non-Banking Credit Organization.

Baku Stock Exchange (BSE) told APA-Economics that the face value makes $1,000, quantity – 500 and the volume of the issue – $500,000.

Circulation period is 1,095 days, interest rate 12% and interest payment date once a quarter.

The BSE has also registered emission prospectus of interest-bearing, book-entry, unsecured shares of NBCO with the face value of AZN 1,000, quantity 90 and volume AZN 90,000.

Circulation period makes 1,095 days, interest rate 12 and interest payment date once a quarter.

Underwriter is Capital Management LLC.