08.07.2022

Armeconombank completed the placement process of dram bonds with 10.50% annual coupon yield and dollar bonds with 5.25% annual coupon yield ahead of the intended schedule.

The circulation period of bonds is 36 months and the payment of coupon yields will be made in semi-annual intervals.

The amount of allocated bonds is 1,500,000,000 AMD and 5,000,000 USD.

The repayment of bonds will be carried out on May 4 2025.

The bonds will be submitted for listing in “Armenian Stock Exchange” OJSC and will have a market maker.

The payment of bonds coupon yield and repayment of the bonds will be will be implemented according to the following schedule.

 

 1-st payment of coupon yields

04/11/2022

  2-nd repayment of coupon yields

04/05/2023

 3-rd payment of coupon yields

04/11/2023

4-th payment of coupon yields

04/05/2024

5-th payment of coupon yields

04/11/2024

                             6-th payment of coupon yields and repayment of bonds

04/05/2025

Updated: 29/07/2022 16:29