Bank Of Baku

Southern Gas Corridor increases authorized capital 3.4 times

Southern Gas Corridor increases authorized capital 3.4 times
# 01 April 2015 11:27 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of the Southern Gas Corridor.

 

SCS told APA-Economics that the face value is $ 7,250,000, quantity – 100, volume of the issue – AZN 725 mln.

 

Current authorized capital makes AZN 300 mln.

 

After placement, the authorized capital will increase 3.4 times to AZN 1.025 bln.  

 

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THE OPERATION IS BEING PERFORMED