"Prior Leasing" OJSC, a leading player in Azerbaijan's leasing market, has successfully completed its debut bond issuance. The 1 million AZN bonds were fully placed on the Baku Stock Exchange (BSE).
During the subscription period (March 31 – April 29, 2026), 56 orders from 56 investors were received and fully executed. Investors included individuals as well as banks, insurance companies, and corporate entities.
This success reflects institutional confidence and the impact of government incentives. Tax exemption on open placement income and Central Bank support have boosted capital market activity.
Bond details:
- Total volume: 1,000,000 AZN
- Quantity: 10,000 units
- Face value: 100 AZN
- Annual yield: 15%
- Maturity: 1 year
- Coupon payments: Monthly
- ISIN: AZ2001019531
- Underwriter: "Assist Finance Investment Company" OJSC
Proceeds will be used to expand the leasing portfolio, particularly financing agricultural machinery, irrigation systems, and industrial equipment.
"The strong interest from both retail and institutional investors confirms our strategy," said Araz Safarli, CEO of "Prior Leasing" OJSC. "The 15% annual yield and monthly coupon payments provide a reliable financial instrument. We plan further innovative solutions and new issuances in the future."
Bonds can be acquired on the secondary market through the underwriter or BSE trading platforms.
"Prior Leasing" OJSC specializes in leasing agricultural machinery, industrial equipment, and vehicles. The company cooperates with international brands such as New Holland, Maschio Gaspardo, Lovol, Solis, and Vaderstad.
