News
ARMECONOMBANK OJSC has successfully completed the placement of USD bonds with 5.00% annual coupon yield.
The circulation period of the bonds is 24 months. The coupon income payment is made quarterly.
The volume of the issue amounts to USD 2,000,000.
The coupon bond redemption will take place on 25 July 2018.
It is intended that that the bonds will be listed օn NASDAQ OMX ARMENIA and will have a market maker.
The coupon bonds’ income payment and the bonds’ repayment shall be implemented by the following schedule:
1st payment of coupon income |
25.07.2018 |
2nd payment of coupon income |
25.10.2018 |
3rd payment of coupon income |
25.01.2019 |
4th payment of coupon income |
25.04.2019 |
5th payment of coupon income |
25.07.2019 |
6Th payment of coupon income |
25.10.2019 |
7th payment of coupon income |
25.01.2020 |
8th payment of coupon income |
25.04.2020 |
9th payment of coupon income and repayment of bonds |
25.07.2020 |