GL ASC to Issue 1 Million AZN Bonds on Baku Stock Exchange

12:35 - 14.09.2026


September 14, Fineko/abc.az. The Listing Committee of the Baku Stock Exchange (BSE) approved the trading admission for corporate bonds issued by "GL" ASC, valued at 1,000,000 AZN. The primary placement auction via a single-price public offering will take place on September 18, 2026. "Invest-AZ Investment Company" JSC serves as the underwriter for the placement.

The issuance comprises 10,000 registered, uncertificated, unsecured interest-bearing bonds with a nominal value of 100 AZN each. The bonds offer an annual coupon rate of 15% with a maturity period of 7 years. Coupon payouts will be distributed on a monthly basis (assuming a standard 30-day month cycle). The official prospectus is available on the BSE portal.