Bank Of Baku

FinansLizinq starts bonds placement

FinansLizinq starts bonds placement
# 16 February 2011 14:29 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. OJSC “FinansLizinq” 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 “FinansLizinq”s bonds placement is planned to be held beginning from February 17, 2011.

Parameters of the issue:

State registration number AZ200600657
Issue volume AZN 400 000
Quantity of bonds 800
Par value AZN 500
Turnover period 720 days
Annual rate of bonds 15 %
Coupon payment period 30 days
Underwriter LLC “Caspian Financial”

Note that, FinansLizinq has been in operation since 2007.
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THE OPERATION IS BEING PERFORMED