Bank Of Baku

Royal Bank starts placement of bonds

Royal Bank starts placement of bonds
# 11 February 2011 07:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. OJSC “RoyalBank” applied to CJSC “Baku Stock Exchange” (BSE) for inclusion of its interest-bearing book-entry registered unsecured bonds to the non-quotation list of BSE.

The start of the OJSC “RoyalBank”s bonds placement is planned to be held beginning from February 11, 2011.

Parameters of the issue:

State registration number AZ200200567
Issue volume 10 000 000 USD
Quantity of bonds 10 000
Par value 1 000 USD
Turnover period 360 days
Annual rate of bonds 4 %
Coupon payment period 30 days
Underwriter LLC “Chelsea Capital”

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 “RoyalBank” will be published on the website of Baku Stock Exchange (www.bfb.az) at “Issuers” section.

Note that, Royal Bank has been in operation since 1993. Current authorized capital makes AZN 22 138 650.
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THE OPERATION IS BEING PERFORMED