BAKU, Azerbaijan, April 30. By the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of Azerbaijan's Silk Way West cargo airline with a total value of 10 million manat ($5.88 million) were listed in the standard market segment, Trend reports citing the BSE.
The bonds will be placed on the Baku Stock Exchange at a single price. The date of the auction will be announced to investors on the BSE website for at least two business days before the start of the placement.
A total of 10,000 bonds with a par value of $1,000 each with a circulation period of 36 months and a yield of five percent will be put up for auction.
The placement underwriter is PASHA Capital Investment Company CJSC.