PASHA Yatırım Bankası places $25 mln-Eurobonds in Azerbaijan


The subsidiary structure of the Azerbaijani corporate bank PAŞA Bank - PASHA Yatırım Bankası for the first time placed its bonds (eurobonds) on the Azerbaijani securities market.

The Bank reports that this is the first time that the organization operating outside the country is placing bonds on the local securities market.

"The volume of the issue is $ 25 mln, the circulation period is 5 years and 3 months, the coupon rate is 4.85% per annum," the report says.