On January 14, 2025, the Listing Committee of the Baku Stock Exchange (BSE) decided to grant "Admission to Trade" for the bonds of The State Oil Company of the Republic of Azerbaijan.
The placement of the mentioned bonds will be carried out through the subscription method on the Baku Stock Exchange. The subscription for the bonds of the State Oil Company of the Republic of Azerbaijan will take place from January 15, 2025, to February 25, 2025. Trading of the bonds will commence on February 28, 2025.
The placement of these bonds will commence following their admission to trading on the Baku Stock Exchange.
Information on bonds is as follows:
Name of the issuer | The State Oil Company of the Republic of Azerbaijan |
State registration number - ISIN | AZ2003019893 |
Type and form of bonds | Interest bearing bonds |
Trading type/form | Public placement / Subscription |
Number of bonds | 200,000 (pcs) |
Initial trade price | 1000 USD |
Release volume | 200,000,000 USD |
Annual rate of return | 6 % |
Payment period | Starting from the date of placement of the first bond, every 3 (three) months (assuming each month consists of 30 (thirty) days). |
Maturity period | 5 years |
Release date for trading | The placement of the bonds will commence after their admission to trading on the stock exchange. |
Underwriter | “PASHA Capital I.C.” CJSC |