An auction on the placement of bonds of Azerbaijan Supermarket LLC, which includes Bravo Supermarkets, was held.
On December 28, 2021, the auction on placement of interest-bearing, unsecured, non-documentary registered bonds of Azerbaijan Supermarket LLC with state registration number AZ2002023524 in the amount of 10,000,000.00 AZN at Baku Stock Exchange has been concluded.
During the auction, 14 bids were submitted from 10 investors.
The orders were submitted in price ranges 1002.549 AZN (11.1185%) and 1055.0898 AZN (8.9812%).
The issuer set the cut-off price 1054.5834 AZN (9.0012%), and the volume-weighted average price of 1054.6035 AZN (9.0004%).
The bond will have an annual interest rate of 10.5% and interest payments will be made to investors every three months.
The maturity date of the bonds is October 28, 2024.
The total value of orders at face value was 14,496,000.00 AZN.
The volume of bonds realized at face value was 10,000,000.00 AZN.
The underwriter for the placement is PASHA Capital Investment Company CJSC.
