Sale of stocks and bonds of Finance Leasing started

The BSE February 4, 2013 started placement of unsecured, interest-bearing book-entry registered bonds of Finance Leasing.  

The State Committee for Securities registered in late January this year the prospectus for Finance Leasing bonds at the total amount of 400 mln manats. The nominal value per bond is AZN 500, the period is 720 days and the annual interest rate is 14%. The underwriter of securities placement is LLC Tekhnika Capital Management. 

Last year the company launched bonds worth 0.7 million manat, and the year before - 1.2 million manat. 

Finance Leasing has operated in the leasing market since 2007. Its shareholders are 16 individuals. 

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