Kauthar Bank OJSC bonds placement

Kauthar Bank OJSC bonds placement
# 04 May 2010 07:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. OJSC “Kauthar Bank” applied to CJSC “Baku Stock Exchange” (BSE) for inclusion of its interest-free book-entry registered secured bonds to the non-quotation list of BSE. The start of the OJSC” Kauthar Bank””s bonds placement is planned to be held beginning from May 05 , 2010.

State registration number AZ200200484
Issue volume 1 400 000 AZN
Quantity of bonds 5 700
Par value 200 AZN
Turnover period 365 days
Underwriter LLC “Technika Capital Management”

Those intending to purchase bonds can apply to an organization being the member of BSE and having a brokerage license.
The issue prospectus of bonds of OJSC “Kauthar Bank” will be placed on the web-site (www.bfb.az) of the BSE at “Issuers” section.

Kauthar bank has been in operation since 1989 former Universal Bank.