An auction on placement of bonds of “Silk Way West Airlines” LLC was held

On May 5, 2022, at the Baku Stock Exchange, the auction on placement of interest-bearing, unsecured uncertificated, registered bonds of “Silk Way West Airlines” LLC with the state registration number AZ2003023515 with the circulation period of 3 (three) calendar years in the amount of USD 10,000,000.00 was completed.

During the auction, 10 orders with a price range of 1000 USD (5%) and 1028.1377 USD (4%) were submitted by 10 investors.

The cut-off price was set at 1013.9584 USD (4.5%) and the weighted average price was set at 1020.3993 USD (4.2719%).

The annual interest rate of the bond is 5%, and interest payments are made to investors every 3 calendar months.

The total value of orders at face value was $ 11,121,000.00.

The volume of bonds placed at face value was $ 10,000,000.00.