Silk Way West Airlines is issuing a $50 million bond

Silk Way West Airlines is issuing a $50 million bond

The nominal value of each of the interest-bearing unsecured uncertificated registered bonds is $ 1,000, the total number is 50,000, the proposed annual interest rate (yield) is 5%, and the circulation period is 3 years. The coupon interest payment period will be once every 3 calendar months.

The bonds will be placed on the Baku Stock Exchange at a single price.

The date of the auction will be announced on the website of the BSE at least 2 working days before the start of the placement.

The underwriter for the placement is Pasha Capital Investment Company CJSC.