Bank Of Baku

Unibank to start placement of new bond emission next week

Unibank to start placement of new bond emission next week
# 16 December 2011 08:56 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Placement of interest-bearing book-entry bonds of Unibank, registered in State Committee for Securities will be started on December 20, 2011.

According to Baku Stock Exchange, per value of bonds makes AZN 50,000, quantity – AZN 400 and volume of the issue – AZN 20,000,000. Emission will be held via BES in public offering. Underwriter is Unicapital OJSC>

Term of circulation is 1,080 days, the maturity date – 90 days and YTM on interests – 11%.

Remind that, Unibank has been in operation since 1992.
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THE OPERATION IS BEING PERFORMED