AzerGold to issue bonds first time

12:35 - 8.09.2020


September 8, Fineko/abc.az. In the near future AzerGold plans to issue bonds through the Baku Stock Exchange for the first time.

ABC.AZ reports with reference to AzerGold that the bond issue will not only serve to diversify the company's investment portfolio, but will also create profitable investment opportunities for the country's citizens and investors.

The proceeds from the placement of bonds are planned to be used to increase the resources of the Chovdar (Dashkesan district), Kohnamadan (Balakan district) and Garadagh (Shamkir-Gedabek district) fields, accelerate ground operations and Finance field research on these fields. The exploitation of those deposits will contribute to the socio-economic development of these regions and open up opportunities for raising billions of dollars to the Azerbaijani economy.

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