One of the leading corporate banks in Azerbaijan - PASHA Bank - plans to issue bonds of AG Bank. Total amount is 12 million AZN and maturity of the securities is 3 years.
There will be released 12,000 bonds with a nominal value of AZN 1,000 per unit. Accommodation bonds AG Bank at the Baku Stock Exchange (BSE) will be held by public subscription, the yield will be determined during the auction.
Market maker and underwriter of placement through the company PASHA Capital will act PASHA Bank. Also PASHA Bank will provide liquidity and quotes for these securities on a daily basis, which will make the paper more attractive to potential investors.
Accommodation bonds AG Bank on April 15. Clients and investors wishing to participate may call (+99412) 496-50-30 to 17:30 on 12 April.
PASHA Bank - a leading corporate bank in Azerbaijan. Founded in 2007, the Bank provides a wide range of corporate banking services, including the issuance of loans, transactions in the securities market, asset management and treasury services. In PASHA Bank, represented by its head office and four subsidiaries, operates 207 people. As part of "Europe Banking Awards 2011" was declared the "Best Investment Bank of Azerbaijan."
PASHA Bank is part of a group of companies PASHA - a major investment holding company in Azerbaijan is also widely represented in sectors such as insurance, construction, construction materials, tourism and other areas of business. Capital Bank, one of the largest banks in the retail market of Azerbaijan, also belongs to the group of companies PASHA. - 15D -
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