Parabank prepares for bond emission

Parabank prepares for bond emission
# 19 December 2012 08:28 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of unsecured, book-entry and interest-bearing shares of Parabank OJSC.

SCS says face value is 1,000, quantity – 6,000 and total volume of the issue – AZN 6 mln. The placement will be held in public offering.

Note that Parabank has been in operation since 1991.

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THE OPERATION IS BEING PERFORMED