AMD DENOMINATED COUPON BONDS BY "AMERIABANK" CJSC PLACED AT NASDAQ OMX ARMENIA.13.07.2017
On July 13, 2017 placement of AMD denominated nominal coupon bonds (AMRBB7) issued by "AMERIABANK" CJSC took place at NASDAQ OMX Armenia.
The Company submitted for placement 15,000 coupon bonds with total volume of AMD 1,500,000,000, nominal value of AMD 100,000 each, coupon rate of 9% and maturity period of 1 year.
Purchase orders for a total value of AMD 1,550,187,400 were submitted for the Bank's bonds (ISIN- AMAMRBB17ER1), as a result of which the bonds were fully placed. The Issuer has attracted AMD 1,500,187,400 from placement. Cut-off price of the bonds was AMD 100,000, the cut-off yield stood at 9%, and the weighted average yield was 8.9867%.
Details of the placement are available here.
"AMERIABANK" cjsc - formerly Armenian Import-Export Bank CJSC was founded in July 1992 and received a banking license from the Central Bank of Armenia on September 8 of the same year. In April 1995, a foreign investor, Computeron Industrials Establishments, purchased the majority of shares of the Bank. According to the resolution of the Extraordinary Meeting of Shareholder dated May 19, 2008, Armimpexbank CJSC was renamed into Ameriabank CJSC. The change of the bank’s name was registered by the CBA decision N 1/506 A dated May 23, 2008. Ameriabank was the first investment bank in Armenia.
The Bank became a member of NASDAQ OMX Armenia on October 24, 2008. The Bank is also a Regulated Market Settlement system member and Depository system Account Operator. For further information please visit www.ameriabank.am.