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Azerbaijan's Kepez LLC plans to issue bonds

Finance Materials 26 August 2022 14:11 (UTC +04:00)
Azerbaijan's Kepez LLC plans to issue bonds
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 26. Azerbaijan's Kepez LLC non-bank credit organization (NBCO) plans to issue bonds worth 1 million manat ($588,235), Trend reports citing the Central Bank of Azerbaijan (CBA).

The issue is divided into 1,000 bonds with a nominal value of 1000 manat ($588) per security, the circulation period is 48 months, and the coupon rate is 14 percent per annum.

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