12:27 - 23.09.2026
September 23, Fineko/abc.az. By the decision of the Listing Committee of the Baku Stock Exchange (BSE), "GL" ASC has been granted a "Trading Authorization" to introduce its bonds worth AZN 500,000 to the market.
The issue consists of 5,000 coupon, unsecured, uncertificated, registered bonds with a nominal face value of AZN 100 per unit, to be placed via a public single-price auction.
The corporate bonds carry a 7-year maturity period with an annual coupon yield of 15%. Coupon interest will be paid to investors on a monthly basis (calculated on a 30-day month convention).
"Invest-AZ Investment Company" CJSC acts as the lead underwriter for the issuance.
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