Azerbaijan Senaye Banki Registers Stock Issue Prospectus

Business Materials 18 February 2008 19:58 (UTC +04:00)

Azerbaijan, Baku, 18 February / Trend / The State Committee for Securities registered the issue prospectus of ordinary registered book-entry stocks of the Azerbaycan Senaye Banki OJSC.

The volume of the issue is AZN 2,800,000 with a face value per stock of AZN 0.20. According to the issue prospectus, placement will be held through public subscription at the Baku Stock Exchange.

AzerInterTrade LLC will be the underwriter of placement of stocks.

Those intending to purchase stocks can apply to an organization being the member of Baku Stock Exchange CJSC and having a brokerage license.

The issue prospectus of stocks of Azerbaycan Senaye Banki OJSC will be placed on the website of the Baku Stock Exchange.