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An auction will be held for the placement of bonds of "GL" OJSC

An auction will be held for the placement of bonds of "GL" OJSC

An auction will be held for the placement of bonds of "GL" OJSC An auction will be held for the placement of bonds of "GL" OJSC

On May 18, 2025, the Listing Committee of the Baku Stock Exchange (BSE) decided to grant "Admission to Trade" for the bonds of "GL" OJSC.

The auction for the placement of mentioned securities will be held on 22.05.2026.

You can get the bond issue prospectus on the BFB website from the section "Profile of issuer".

Information on bonds is as follows:

Name of the issuer

"GL" OJSC

State registration number - ISIN

AZ2040020284

Type and form of bonds

Bond interest bearing, unsecured title

Trading type/form

Public placement / One-price auction

Number of bonds

20,000 pcs

Initial trade price

100 AZN

Issue volume

2,000,000 AZN

Coupon rate

15%

Payment period

Interest payments will be paid once a month (assuming each month has 30 (thirty) days).

Period

7 years

Release date for trading

22.05.2026

Underwriter

"Invest-AZ Investment Company" CJSC

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