BAKU/27.12.13/TURAN : Baku Stock Exchange December 30, 2013 will begin publication of book-entry unsecured bonds of Joint Leasing Company.
The State Committee for Securities registered this week the prospectus of Joint Leasing Company bonds totaling 10 million manat. The nominal value of one bond is 1,000 manat and the term is ,1825 days , the annual interest rate - 10%. Underwriter of securities is LLC International Transaction System.
Joint Leasing Company has operated from 14 June 2007 as the legal successor of the first leasing company in the country - " Azerlizing ." Shareholders are British company DH Leasing Ltd (52.4%) and the International Bank of Azerbaijan ( 47.6 %). - 15B -
Economics
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