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Agroleasing raises capital

Agroleasing raises capital

26 November 2009 17:08 (UTC +04:00)

Bakuâ€“ APA-Economics. The State Committee for Securities has registered Agroleasingâ€™s issue prospectus of ordinary registered book-entry stocks.

The volume of the issue is AZN 15 million, face value per stock AZN 2, and the number is 7 500.
According to the issue prospectus, placement will be held by through public subscription on the Baku Stock Exchange.

Standard Capital will be the underwriter of placement of stocks.

Those intending to purchase stocks can apply to an organization being the member of Baku Stock Exchange and having a brokerage license.

If floated successfully, the insurance companyâ€™s share capital will rose by 99.9% to AZN 30.02 million.

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