Bank Of Baku

TBC non-banking credit organization bonds new issue

TBC non-banking credit organization bonds new issue
# 22 April 2013 14:22 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics.  ADB Broker LLC applied to CJSC Baku Stock Exchange (BSE) for inclusion of non-banking credit organization TBC LLC interest-bearing book-entry registered unsecured bonds to the non-quotation list of BSE.

The start of the non-banking credit organization TBC LLC bonds placement is planned to be held beginning from April 23, 2013.

Parameters of the issue:

State registration number

AZ2001019168

Issue volume

    2 000 000 AZN

Quantity of bonds 

200

Par value   

10 000AZN

Turnover period

360 days

Annual rate of bonds

7 %

Coupon payment period

90 days

Underwriter

ADB Broker 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 non-banking credit organization TBC LLC 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