Capital Bank Issued Bonds for AZN 75 Million

Commercial Bank OJSC Capital Bank issued bonds for a total amount of 75 million manat.


As reported by the State Committee for Securities, the relevant prospectus for 75 million of interest-bearing registered bonds, par value of 1 thousand manat was registered on April 26 last year. The placement will be closed.

Recall that in January this year the prospectus of book-entry unsecured bonds for a total amount of 400 manats was registered, while the term of the securities was 720 days, and the interest rate - 14%.

The controlling shareholder of the privatized in 2008 Capital Bank is PASHA Holding (99.8% equity). -15B -


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