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“AzeSteel” company placed bonds for 1.5 million manats

The Baku Stock Exchange conducted an auction on placement of unsecured book-entry bonds of “AzeSteel” company with ISIN code AZ2004023605 for AZN 1.5 million with a 24-month circulation term, the BSE reported.


The report says that 5 investors submitted 5 orders worth AZN 1,000 (10%) for AZN 1.5 million. Thus, the placement has taken place in full.


The maturity date of the bonds is 11.12.2024. Underwriter of the offering is “AzFinance Investment” company


Source: Turan News Agency