BAKU, Azerbaijan, December 30. Bonds of the Azerbaijan Caspian Shipping (ASCO) CJSC worth $100 million were listed in the premium market, following the decision of the Listing Committee of the Baku Stock Exchange (BSE), Trend reports citing the BSE.
The bonds will be placed on the Baku Stock Exchange at a single price. The auction date will be posted on the BSE website at least two business days before the start of the placement.
A total of 100,000 bonds with a par value of $1,000 each with a circulation period of five years and a yield of six percent will be put up for auction.
The placement underwriter is PASHA Capital Investment Company CJSC.