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Azerbaijani cargo airline's bonds listed on Baku Stock Exchange

Business Materials 30 April 2022 13:11
Azerbaijani cargo airline's bonds listed on Baku Stock Exchange

BAKU, Azerbaijan, April 30. By the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of Azerbaijan's Silk Way West cargo airline with a total value of 10 million manat ($5.88 million) were listed in the standard market segment, Trend reports citing the BSE.

The bonds will be placed on the Baku Stock Exchange at a single price. The date of the auction will be announced to investors on the BSE website for at least two business days before the start of the placement.

A total of 10,000 bonds with a par value of $1,000 each with a circulation period of 36 months and a yield of five percent will be put up for auction.

The placement underwriter is PASHA Capital Investment Company CJSC.

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