On November 4, 2023, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "GL" OJSC with a total value of 600,000 (six hundred thousand) manats were listed in the standard market segment.
On November 7, 2023, the bonds of "GL" OJSC with a total value of 600,000 (six hundred thousand) manats will be placed on the Baku Stock Exchange through a one-price auction.
The underwriter for placement is "INVEST-AZ Investment Company" JSC.
You can get the bond issue prospectus on the BFB website from the section "Profile of issuers" (https://www.bfb.az/az/emitentler).
Information on bonds is as follows:
ISIN | Bond Type | Amount | Nominal Value |
Auction date |
Coupon Rate | Period | Payment frequency of the coupon |
AZ2016020284 | Interest-bearing unsecured title | 200 | 1,000 AZN | 07.11.2023 | 12% | 5 years (1 year – 360 days) | Once every month (1 month -30 days) |
AZ2015020285 | Interest-bearing unsecured title | 200 | 1,000 AZN | 07.11.2023 | 12% | 5 years (1 year – 360 days) | Once every month (1 month -30 days) |
AZ2014020286 | Interest-bearing unsecured title | 200 | 1,000 AZN | 07.11.2023 | 12% | 5 years (1 year – 360 days) | Once every month (1 month -30 days) |
Those interested in participating in the auction can apply to investment companies that are members of the exchange. The contact details of the exchange members are posted on the BSE website in the “Members” section (https://www.bfb.az/en/baku-fond-exchange-members-list).
