Bank Of Baku

Kredit House bonds new issue

Kredit House bonds new issue
# 05 November 2013 08:27 (UTC +04:00)

Baku – APA-Economics. Kredit House applied to CJSC Baku Stock Exchange (BSE) for inclusion of Kredit House   interest-bearing book-entry registered unsecured bonds to the non-quotation list of BSE.

 

The start of the LLC Kredit House bonds placement is planned to be held beginning from November 05, 2013.

 

Parameters of the issue:

 

State registration number                              AZ2001019283

Issue volume                                                       AZN 1,000,000

Quantity of bonds                                        1,000

Par value                                                     AZN 1,000

Turnover period                                           720 days

Annual rate of bonds                                    8 %

Coupon payment period                                90 days

Underwriter                                                 Chelsea Capital 

 

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 Kredit House 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