Brand Credit non-banking organization starts bond placement

Brand Credit non-banking organization starts bond placement
# 11 February 2013 08:34 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. From today, Band Credit started placement of unsecured, interest-bearing, book-entry shares.

Baku Stock Exchange says face value is 1,000, quantity – 1,000 and volume of the issue – AZN 1 mln. Circulation term is 1,080 days, YTM – 14% and interest payment period – 30 days.

Underwriter is Unicapital LLC.

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THE OPERATION IS BEING PERFORMED