On October 4, 2022, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "AzeSteelCompany" OJSC with a total value of 1,500,000 (one million five hundred thousand) manats were listed in the standard market segment.
Placement of the mentioned bonds will be carried out at the Baku Stock Exchange by means of a one-price auction. At least 2 working days before the start of a placement, the auction date will be announced to investors on the BSE website.
The underwriter for the placement is AzFinance Investment Company CJSC.
You can get the bond issue prospectus on the BSE website in the “Issuers' Accountability” section(https://www.bfb.az/az/emitents).
The information on the bonds is as follows:
ISIN | Bond Type | Amount | Nominal Value | Coupon Rate | Period | Payment frequency of the coupon |
AZ2004023605 | Interest secured title deed | 1,500 | 1000 AZN | 10% | 24 month | Every 90 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).
