On October 9, the placement of “Ferrum Capital” LLC bonds with the total value of 2,500,000 (two million five hundred thousand) manats will be carried out by competitive auction on the Baku Stock Exchange.

It should be noted that “AQA Group of Companies”, the main shareholder of “Ferrum Capital” LLC, is also the guarantor of “Ferrum Capital’s” bonds in civil law relations. If the issuer does not fulfill its obligations, “AQA Group of Companies” will pay the cost of bonds and accrued interest to investors.

The basic issue prospectus of the bonds is available on the BSE’s website in the “Issuer Information' section (https://www.bfb.az/en/issuers). Information on the bonds is as follows:

 

State registration number - ISIN

Type and form of bonds

Number of securities:

Nominal

Value

Annual interest rate

Maturity Period

 

Term of payment of coupon interest

AZ2002022286


Coupon bonds. Dematerialized non-bearer securities

2500

1000 AZN

12.5%

1 year

Every 30 Calendar Days









The underwriter for the placement is “Unicapital Investment Company" OJSC. 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’s website in the “Members” section (https://www.bfb.az/en/list-of-members-of-the-baku-stock-exchange).