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Shares of Unileasing included in stock exchange non-quotation list

Business Materials 21 July 2012 11:33 (UTC +04:00)
Placement of interest, unsecured, registered, book-entry bonds of Unileasing, issued for a total five million manat on Baku Stock Exchange (BSE) will start from July 23, BSE said.
Shares of Unileasing included in stock exchange non-quotation list

Azerbaijan, Baku, July 21 /Trend A.Akhundov/

Placement of interest, unsecured, registered, book-entry bonds of Unileasing, issued for a total five million manat on Baku Stock Exchange (BSE) will start from July 23, BSE said.

Under the prospectus, 5,000 bonds par value of 1,000 manat each were issued. Term of circulation of the securities is 12 months at an annual interest rate of 9.5 percent and interest repayment period of 180 days. Underwriter of the placement is JSC "Unicapital".

"The company asked for inclusion of its shares in non-quotation list of the BSE," the report says.

Those, who wish to acquire bonds, can apply to organization, which is a member of the BSE and has a brokerage license.

UniLeasing was established in July 2004. Founders of the CJSC "Unileasing" is a commercial bank Unibank (66.67 percent) and the European Bank for Reconstruction and Development (33.33 percent).

Official exchange rate on July 21 is 0.7857 AZN/USD

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