Baku 9° C
AzerGold issues dollar bonds with an annual yield of 4%
Finance
- 17 September, 2020
- 08:08
AzerGold CJSC is preparing to place its bonds on Baku Stock Exchange CJS.
These are 200 thousand bonds ($ 20 million) each with a value 100 US dollars, Report says, citing the company.
The securities will be placed through a public offering and will be in circulation for three years. Their annual yield is 4%. Interest will be paid quarterly. The underwriter of the process is PASHA Capital Investment Company CJSC.
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