Baku, Azerbaijan, May 1. The next coupon
payment of over $1.1 million of the second SOCAR Bonds issued by
SOCAR for the domestic capital markets in 2021 was transferred to
the accounts of bondholders on May 1, a source in SOCAR told
Trend.
The income received by the holders of SOCAR bonds, which for
nearly nine years have had the status of the most traded corporate
bonds on the Baku Stock Exchange as a result of the 14th coupon
payment, rose to $15.75 million (total income at the end of the
circulation term will reach $22.5 million).
SOCAR Capital announces that the next coupon payment of the
bonds will be made on August 1, 2025.
To note, the trading of newly issued “Green” bonds by SOCAR,
aimed at supporting “green energy” projects, began on the Baku
Stock Exchange as of March 7 of this year. These “Green” bonds,
issued with a 5-year maturity and an annual yield of 6 percent,
will pay interest on a quarterly basis. The first coupon payment is
scheduled for June 7 (according to the issuance prospectus, if a
coupon payment date falls on a non-working day, the payment is made
on the next business day).
SOCAR Bonds can be purchased at SOCAR Bond kiosks located in
ASAN Service Centers No. 1 and No. 5, as well as from officially
operating investment companies in Azerbaijan.
For additional information, you can call the 1999
hotline or visit the websites socaristiqraz.az and
socarcapital.az.
It was noted that official information about SOCAR Bonds can
only be obtained from ASAN Service Centers No. 1–5, investment
companies registered in the country, the above-mentioned hotline,
and websites.