Bank Of Baku

Unibank completes placement of bond emission

Unibank completes placement of bond emission
# 31 May 2013 13:13 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. At Baku Stock Exchange, Azerbaijan-based Unibank has successfully completed the placement of bond emission via Unicapital Broker Company. 

 

Note that on May 22, the unsecured, interest-bearing, book-entry shares of Unibank OJSC were registered. Face value is AZN 1,000, quantity – 5,000 and the volume – AZN 5,000,000. Circulation period is 5 years. Underwriter is Pasha Bank through Unicapital. Market-maker is Pasha Bank through Pasha Capital. YTM is 14%. Interest payment will be done in every three months.

 

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THE OPERATION IS BEING PERFORMED