Placing AzerGold CJSC’s Bonds on the Baku Stock Exchange Has Been Completed
29.01.2024
17:28
On January 29, placing interest-bearing unsecured book-entry registered bonds of AzerGold Closed Joint-Stock Company (CJSC) with a total value of USD 20 million, ISIN AZ2003019877, on the Baku Stock Exchange was completed.
During the auction, 65 investors submitted 68 orders with a price interval of USD 100.0000 (6%) - 101.3741 (5.5%). The total value of orders at the nominal price was USD 21,521,800 while the placed volume amounted to USD 20,000,000. The cut-off price for the bonds was set at USD 100.0000 (6%), and the weighted average price was determined as USD 100.0433 (5.9841%).
It should be noted that the nominal value of AzerGold’s bonds with a maturity of 3 years is USD 100, the annual interest rate is 6%, and the interest payment period is every 90 days.
The underwriter for the placement is Pasha Capital Investment Company CJSC.
The bond maturity date is January 29, 2027.
