Bank Of Baku

Unibank starts placement of new bond emission

Unibank starts placement of new bond emission
# 20 December 2011 08:33 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan-based Unibank has started new emission of interest – bearing, book-entry, unsecured bonds, today.

Bank says face value of bonds is AZN 50,000, quantity – 400 and volume of the issue – AZN 20,000,000. The emission will be held in public offering. Underwriter is Unicapital OJSC. Circulation date is 1,080, the maturity date – 90 days.

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