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Azerbaijani Construction Company issues bonds for $63 million

Business Materials 5 November 2013 20:33 (UTC +04:00)
Azerbaijani State Committee for Securities registered the issue prospectus of registered book-entry unsecured bonds of "Akkord" Industry Construction Investment Corporation in the amount of 50 million manat.
Azerbaijani Construction Company issues bonds for $63 million

Baku, Azerbaijan, Nov. 5
By Abbas Akhundov- Trend: Azerbaijani State Committee for Securities registered the issue prospectus of registered book-entry unsecured bonds of "Akkord" Industry Construction Investment Corporation in the amount of 50 million manat, a message of the State Committee published on Tuesday said.

According to the message, some 50,000 bonds were issued with a par value of 1,000 manat each.

The corporation implements projects in the sphere of construction of housing, infrastructure, water supply and production of construction materials.

The official exchange on November 5 is 0.7843 AZN/USD.

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