Unibank issues dollar bonds

15:14 - 18.11.2022


November 18, Fineko/abc.az. According to the decision of the Supervisory Board of Unibank Commercial Bank from 25 October 2022, the state registered a prospectus for the issue of 12,000 non-documentary registered, interest-bearing, unsecured bonds with nominal value of $1,000 each.

The issue of bonds is recognized as a subordinated debt obligation and is carried out in order to increase the capital of Unibank Class II, ABC.AZ reports with reference to the bank.

The issue volume is $12 million.

If the annual interest rate of the bonds is 8%, interest is paid no later than 3 working days following the maturity date every 90 calendar days. There are no restrictions on the purchase of bonds with maturity of 6 years.

The placement underwriter is Unicapital Investment Company.

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