On May 15, 2023, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of “Partners Finance" CJSC with a total value of 500,000 (five hundred thousand) manats were listed in the standard market segment.
On May 17, 2023, the placement of bonds of “Partners Finance" CJSC with a total value of 500,000 (five hundred thousand) manats will be carried out on the Baku Stock Exchange through a competitive auction.
The underwriter for placement is "AzFinance Investment Company" CJSC.
You can get the bond issue prospectus on the BSE 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 | Coupon Rate | Auction date | Period | Payment frequency of the coupon |
AZ2005021962 | Interest-bearing unsecured title | 500 | 1,000 AZN | 10 % | 17.05.2023 | 3 years | Once a year (assuming that a year has 360 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).
