Parabank bonds new issue

Parabank bonds new issue
# 18 January 2013 09:00 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Chelsea Capital LLC applied to CJSC “Baku Stock Exchange” (BSE) for inclusion of “Parabank” OJSC interest-bearing book-entry registered unsecured bonds to the non-quotation list of BSE.

The start of the “Parabank” OJSC bonds placement is planned to be held beginning from January 18, 2013.

Parameters of the issue:

State registration number


Issue volume

6 000 000 AZN

Quantity of bonds

6 000

Par value

1 000 AZN

Turnover period

5 years

Annual rate of bonds

15 %

Coupon payment period

3 month


Chelsea Capital LLC

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 “Parabank” OJSC will be published on the website of Baku Stock Exchange ( at “Issuers” section.