Bank Of Baku

Brand Credit non-banking organization bonds new issue

Brand Credit non-banking organization bonds new issue
# 04 February 2013 15:15 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered unsecured bonds of LLC “Brand Credit Bank olmayan Kredit Təşkilatı”.

 

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

 

State registration number                                                 AZ2001019135

Issue volume                                                                           AZN 1,000,000

Quantity of bonds                                                           1,000

Par value                                                                        AZN 1,000

Turnover period                                                              1,080 days

Annual rate of bonds                                                       14 %

Coupon payment period                                                  30 days

Underwriter                                                                    Unicapital OJSC

 

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 LLC “Brand Credit Bank olmayan Kredit Təşkilatı” will be published on the website of Baku Stock Exchange (www.bfb.az) at “Issuers” section.

 

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THE OPERATION IS BEING PERFORMED