Azerbaijani leasing company returns to corporate bond market
Azerbaijan, Baku, Sept. 3 / Trend/
The State Securities Committee (SSC) of Azerbaijan has registered the emission prospectus of unsecured interest-bearing non-documentary nominal bonds of 'Qafqaz Lizinq' leasing company for a total amount of 1.5 million manats, the Committee report said on Tuesday.
Some 1,500 bonds at a par value of 1,000 manats were issued within the framework of the emission prospectus.
The last time the company entered the market of corporate bonds was last year.
Qafqaz Lizinq Ltd. is a financial leasing company, which was founded on October 30, 2007. 100 percent of the shares belong to Turkish NAB group of companies, the founder of the structure.
The official exchange rate on September 3 is 0.7844 AZN/USD.