State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered bonds of FinansLizinq, for a total of 400,000 manat. The par value of a bond is AZN 500, the term - 2 years, the annual interest rate - 14%.
According to the prospectus, placement will be conducted by public subscription at the Baku Stock Exchange. Underwriter of the securities will be LLC Pasha Capital.
Most recently, in May of this year the prospectus of unsecured, interest-bearing book-entry registered bonds of the company for a total amount of 300,000 manats passed registration, while the term of the securities was 720 days, and the interest rate - 13%. -15B -
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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