GL JSC Successfully Places 1 Million Manat Bonds on Baku Stock Exchange

15:18 - 18.09.2026


September 18, Fineko/abc.az. GL JSC has completed the placement of its 1 million manat corporate bond issue carrying an annual coupon rate of 15% on the Baku Stock Exchange (BSE). Following the successful auction, the bonds have been admitted to trading under the Standard Market Listing segment.

The issue, registered under ISIN AZ2044020280, features a 7-year maturity period with a nominal value of 100 AZN per bond. A total of 52 orders from 52 investors fully subscribed the 10,000 bonds on offer. Coupon payments will be disbursed on a monthly basis.

Invest-AZ Investment Company JSC acted as the lead underwriter for the placement.