Baku Stock Exchange includes AzerGold's bonds in listing
By Trend
The shares of Azerbaijan’s AzerGold CJSC worth $20 million were included in the listing of the standard market segment on September 18, 2020, according to the decision of the Listing Committee of the Baku Stock Exchange (BSE), Trend reports referring to the BSE.
“The placement of the first tranche of bonds in the amount of $10 million will be carried out by a competitive auction at the BSE. The start date of the placement will be announced to investors on the official website of the exchange at least two business days in advance,” said the BSE.
The BSE said that the face value of AzerGold’s bonds, which can be purchased by a wide range of persons, is $100, the annual interest rate is 4 percent.
The term of maturity of bonds is 3 years.
The placement underwriter is the PASHA Capital Investment Company CJSC.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!