PASHA Bank Starts Publishing Azeri Bond Quotes on Cbonds

PASHA Bank, a leading corporate bank in Azerbaijan, started publishing domestic bond quotes of local issuers on the information project website http://www.cbonds.info covering the debt securities markets in Russia, Azerbaijan, Ukraine, Belarus, Kazakhstan, and Poland as well as in other CIS and Eastern Europe countries. This web resource constitutes a maximum overview of the events occurring in the debt securities markets, emerging markets, and world markets.

As per last year's results, PASHA Bank issued corporate bonds of four issuers (representatives of different areas, including the bank and telecommunications sectors) totaling approx. $ 90 million. Due to its vigorous and successful activity in this direction, the Bank has obtained the high appreciation of the professional community as it was announced the winner in the nomination "Best Investment Bank of Azerbaijan" by the prestigious international financial journal EMEA Finance.

In the first half of the current year, PASHA Bank also realized a major deal with eurobonds, acting as a successful co-manager on a $ 150 million eurobond issue by the Baghlan Group. BNP Paribas acted as the Lead Manager of the bond issue. Thus, PASHA Bank is the first among the private banks of Azerbaijan, which has become a co-manager of a major issue of international bonds.

PASHA Bank plans to continue strengthening its position as a market professional by organizing issues of new bond issuers, and to develop a secondary market of securities.