On January 14, 2022, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of “Express-C” OJSC with a total value of 1,00,000 ( one million) AZN were listed in the standard market segment.
The bonds will be placed on the Baku Stock Exchange at a single price. The date of the auction will be announced on the website of the BSE at least 2 working days before the start of the placement.
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 |
AZ2003023606 | Interest bearing dematerialized bond | 1,000 | 1,000 AZN | 12.5 % | 2 year | once every 3 month |
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).
