GL OJSC bonds auction will be held

On February 29, 2024, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "GL" OJSC with a total value of 500,000 (five hundred thousand) manats were included in the listing in the standard market segment.

On March 11, 2024, the bonds of "GL" OJSC 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

 

Coupon

Rate

Payment frequency of the coupon

Period

AZ2017020283

Interest-bearing, unsecured debentures

500

1,000 AZN

12%

Once every month (1 month -30 days).

5 years (1 year – 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).