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OJSC Finance Leasing Places Manat and Dollar-denominated Bonds
The Baku Stock Exchange arranged two issues of Finance Leasing bonds in manat and dollar denomination on September 1.
The leasing company’s securities are incorporated in the alternative segment of the stock exchange listing. Prior to this, the Central Bank listed the company at the Standard listing level.
Issued are 200 manat bonds with par value of AZN 500 and 200 dollar bonds with par value of $ 500.
Prior to that, in 2012-2015 the company produced and placed 2,250 bonds with par value of 500 manats and 1,800 dollar bonds with par value of $ 500.
OJSC Finance Leasing was established in 2007. Its authorized capital is 1.2 million manats. The company's shares are distributed among several persons, five of which own more than 10% of the equity. -----08B
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