ASCO intends to issue bonds for another $50 million

15:15 - 28.12.2022

December 28, Fineko/abc.az. After the sale of bonds for $100 million Azerbaijan Caspian Shipping Company (ASCO) will issue bonds for another $50 million, ABC.AZ reports, quoting ASCO chairman Rauf Veliyev.

"The purpose of increasing bond issuance is to gain access to broader markets. We plan to end this year with profit of AZN 70-75 million," Veliyev emphasized.