Bank Of Baku

Finance Leasing prepares for bond emission

Finance Leasing prepares for bond emission
# 09 February 2011 11:56 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered unsecured bonds of OJSC “FinansLizinq”.

According to the issue prospectus, placement will be held by means of initial public offering at Baku Stock Exchange (BSE).

Issue volume 400 000 AZN
Quantity of bonds 800
Par value 500 AZN
Turnover period 720 days
Annual rate of bonds 15 %
Coupon payment period 30 days
Underwriter LLC “Caspian Financial”

Finance Leasing has been in operation since 2007.
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THE OPERATION IS BEING PERFORMED