Six investors show interest in bonds of TBC Credit LLC

17:10 - 7.06.2022


June 7, Fineko/abc.az. The auction for the placement of interest-bearing, unsecured, undocumented registered bonds of TBC Kredit LLC with state registration number AZ2005019164 with circulation term of 2 calendar years for AZN 1 million has ended at the Baku Stock Exchange.

ABC.AZ reports with reference to the BSE, six orders were submitted by six investors during the auction. The auction price of the bond is set at 1,000 manats.

The annual interest rate of the bond is 12%, and interest payments are paid to investors every 6 calendar months. The maturity date of the notes is 6 July 2024. The placement underwriter is investment company AzFinance.

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