Finance Leasing Issues Bonds for $ 600,000
The local leasing company Finance Leasing plans to issue bonds for $ 600,000.
According to Baku Stock Exchange (BSE), the State Securities Committee has registered the issue prospectus of bonds of the company. The issue includes 1.2 thousand bonds with par value of $ 500 per security to be posted for a period of 720 days at a rate of 14% per annum.
Underwriter of the placement of the additional issue will be LLC Tekhnika Capital Management.
Finance Leasing was registered in April 2007. Its shareholders are 16 individuals.
The authorized capital of the company is 1 million manat. --17D-
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