PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Caspian Links

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

PASHA Bank Becomes the First Non-government Bank in Azerbaijan to Co-manage A Large Eurobond Issue - PASHA Bank has re-confirmed its credentials as a key innovation leader and trend setter in the national banking sector by successfully completing a significant Eurobond deal - PashaBank.az
PASHA Bank Becomes the First Non-government Bank in Azerbaijan to Co-manage A Large Eurobond Issue

 

NewswireToday - /newswire/ - Baku, Azerbaijan, 2012/06/28 - PASHA Bank has re-confirmed its credentials as a key innovation leader and trend setter in the national banking sector by successfully completing a significant Eurobond deal - PashaBank.az.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

PASHA Bank, a leading corporate bank in Azerbaijan, has successfully completed its role as a co-manager for the US$150 million Eurobond issue of Baghlan Group, which recently closed the deal for acquiring a 33.33% stake in Bahar Energy Limited, the developer of Bahar and Qum Deniz offshore deposits. By participating in the transaction, the Bank has become the first private bank in Azerbaijan to act as a co-manager of a large international debt issue.

BNP Paribas was the lead manager on the transaction. The Eurobond, with the international identification code of XS0780263165, has a 14.75% coupon rate. The repayment term is three years, and the interest accrual begins on 27 June.

Since early 2011, when PASHA Bank commenced its arranging services for debt issues, it has invested in four significant issues for a total amount of US$90 million. The issuers represented a variety of industries, including a domestic commercial bank and a telecommunications company.

The Bank plans to continue strengthening its leading positions on the regional securities market, both in supporting issues and developing its secondary market.

Enquiries:
Sona Abbasova, PASHA Bank +99412 480 26 72
Nonie Marler, College Hill+44(0)20 7457 2034
Vugar Khalilov, Caspian Links +99412 596 42 52

About PASHA Bank
PASHA Bank (pashabank.az) is a leading corporate bank in Azerbaijan. Established in 2007, it provides a range of corporate banking services including: loans, securities, asset management, and treasury services.

PASHA Bank employs circa 170 people across its head office and two branches and was declared “Azerbaijan’s Best Investment Bank” in 2012 by the international financial journal, EMEA Finance.

PASHA Bank is a part of PASHA Group, a major investment holding group in Azerbaijan, which also includes significant assets in insurance, property development, production of construction materials, tourism and other businesses. Kapital Bank, one of the largest retail banks in Azerbaijan, is also owned by PASHA Group.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Caspian Links

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


PASHA Bank Becomes the First Non-government Bank in Azerbaijan to Co-manage A Large Eurobond Issue

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Leonid Fink - CollegeHill.com 
+44(0)20 7457 2034 leonid.fink[.]collegehill.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Caspian Links securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Caspian Links / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

LexisNexis® Expands Media Intelligence Portfolio with LexisNexis® Media Contacts Solution
LexisNexis Wins 21 Awards from Two Prestigious Publications
Frost & Sullivan Commends AutoGravity for Transforming Automotive Financing Industry
NYSE Governance Services and FTI Consulting Announce 17th Annual Corporate Law Firms Rankings
FTI Consulting and Asia Group Advisors Formalise Affiliate Relationship Across Asia Pacific
LexisNexis Receives 2017 Corporate Leadership Award from Freedom House for Activism in Advancing the Rule of Law
Societe Generale Named ‘Distinguished Provider of Transaction Banking Services’ by FImetrix
ALM Wins 2 Awards at 2017 Jesse H. Neal Awards
ALM’s ThinkAdvisor Launches Life/Health Channel
The National Law Journal Unveils Monthly Print Magazine
Societe Generale Selects HPD Software to Support its International Factoring Expansion
GE Closes Sale of Consumer Finance Business in France - Last Major Closing of GE Capital Exit Plan
Lazard Global Listed Infrastructure Fund Wins Two Lipper Fund Awards
Global Brands List of 2017 Awarded Elite Capital & Co. the Best Financial Brand in United Kingdom
FTI Consulting Receives Recognition in the Legal Industry

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)