Bank Of Baku

Parabank starts placement of AZN 13 mln-bonds

Parabank starts placement of AZN 13 mln-bonds
# 28 April 2014 09:19 (UTC +04:00)

Baku. Ilkin Ahmadov – APA-Economics. Today, an auction on placement of unsecured, interest-bearing, book-entry shares of Parabank was held at Baku Stock Exchange. 

 

BSE told APA that the volume of the issue is AZN 13 mln, quantity – 13,000 and face value – AZN 1,000. Circulation period is 7 years, YTM – 15%. 

 

Underwriter is Unicapital LLC. 

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THE OPERATION IS BEING PERFORMED