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Azerbaijan Mortgage Fund selects underwriter for its securities

Business Materials 13 April 2017 13:51 (UTC +04:00)
The Azerbaijan Mortgage Fund (AMF) has selected the PASHA Capital investment company for the placement of securities and provision of underwriter services

Baku, Azerbaijan, Apr. 13

By Azad Hasanli - Trend:

The Azerbaijan Mortgage Fund (AMF) has selected the PASHA Capital investment company for the placement of securities and provision of underwriter services, said the message published in Azerbaijan’s Respublika newspaper.

It is noted that the corresponding agreement was signed April 4, 2017.

On March 6, 2017, Azerbaijan’s Financial Market Supervisory Authority registered the prospectus of issuance of registered interest-bearing mortgage bonds worth 100 million manats of the AMF. The cost of one bond is 1,000 manats, and the interest rate on bonds is three percent.

The last sale of the AMf’s bonds was held April 6, 2017. At that time, bonds worth 10 million manats were put up for sale.

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