On October 4, 2023, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "GL" OJSC with a total value of 425,000 (four hundred and twenty-five thousand) manats were included in the listing 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 placement, the auction date will be announced to investors on the BSE website.
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 |
AZ2013020287 | Interest-bearing, unsecured debentures | 425 | 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).
