16:47 - 22.10.2025

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October 22, Fineko/abc.az. On October 15, 2025, the Listing Committee of the Baku Stock Exchange (BSE) decided to "allow trading" in GL bonds.

ABC.AZ reports with reference to the BSE that the auction for the placement of bonds with ISIN code AZ2037020289 finished on 22 October 2025.

The bond issue prospectus can be obtained on the BSE website in the “Issuer Profile" section.

Information on the bonds:

Name of the issuer: GL OJSC

Type and form of bonds: interest-bearing, unsecured, undocumented, registered bonds

Number of bonds: 2,000 bonds

Initial placement price: 1,000 manats

Bond issue volume: 2,000,000 manats

Coupon rate: 15%

Payment period: Interest is paid once a month (provided that each month is considered to consist of 30 days)

Circulation period: 7 years

Auction price: 1,000 manats

Realized volume: 2,000,000 manats

Total volume of applications (at face value): 2,000,000 manats

Number of investors: 50

Number of applications: 50

Underwriter: Investment Company Invest-AZ CJSC