BAKU, Azerbaijan, May 15. The Baku Stock Exchange (BSE) will host an auction on the placement of bonds of Azerbaijan’s Partners Finance CJSC, engaged in leasing activities, on May 17, Trend reports referring to the BSE.
According to the BSE, 500 bonds with a face value of 1,000 manat ($588.2) each with a circulation period of three years and a yield of 10 percent will be put up for auction.
The placement underwriter is AzFinance Investment Company OJSC.
By the decision of the Listing Committee of the Baku Stock Exchange (BSE), bonds of Partners Finance CJSC with a total value of 500,000 manat ($294,120) have been listed in the standard market segment.
