The event was held on the occasion of the issue of “ASCO bonds” CJSC Azerbaijan Caspian Marine Shipping Company (ASCO). It is reported by haqqin.az.
The ceremony was attended by the General Executive Director of the Azerbaijani Investment Holding Ruslan Alikhanov, heads of banking and insurance companies, sailors and media representatives.
At first, an ASCO video was shown a video about the rich history and multidisciplinary activities of ASCO. Later, an advertising video was presented about “ASCO bonds”.
Speaking at the presentation ceremony, the chairman of the ASCO Rauf Veliev said that the funds received from the release of bonds will be aimed at expanding the offshore activities of ASCO, which is the oldest operating company, which finishes every year with profit, as well as the acquisition of larger ships of the modern type for transportation for transportation cargoes in international waters. In addition, the issued bonds will contribute to the development of the country’s securities market and create favorable and reliable investment opportunities for citizens.
Ruslan Alikhanov, Director General of the Azerbaijani Investment Holding, in his speech drew attention to ASCO transparent and competitive activities: “ASCO is one of the companies successfully working in our country. Projected bonds will provide additional funds for the development of the company”.
After the performances, an educational video containing information about the conditions of bonds was presented.
Note that the nominal value of bonds is 1000 US dollars, and the annual interest rate is 6%.
Preteaded in the amount of 100,000 bonds can purchase both individuals and legal entities.
The percentage of bonds will be paid to the investor every six months, twice a year.
bonds can be purchased both in the primary and secondary markets. To purchase ASCO bonds in the primary market, investors must contact the investment company Pasha Capital, which is an underwriter of bonds and subscribe as a subscriber. The subscription period is 60 days.
As a highly profitable financial instrument in dollars, ASCO bonds promise their owners guaranteed profit within five years.
Detailed information about recently released bonds can be obtained by visiting the website www.ascoistiqraz.az or by calling the number 1548.