April 14, 2021 – 18:04 AMT
PanARMENIAN.Net – Ameriabank is placing new issues of AMD and USD registered coupon bonds for USD 20 million and AMD 5 billion, respectively, the bank said Wednesday, April 14.
USD bonds were issued at the face value of USD 100 and 4.5% coupon yield, and the AMD tranche was issued at the face value of AMD 100,000 and 9.5% yield.
Ameriabank is one of the market leaders by number and volume of issued bonds. Currently the Bank’s share in the corporate bonds market of Armenia is 22.5%. 20 issues of Ameriabank’s bonds are now listed on the Armenia Securities Exchange, i.e. 13 USD issues for USD 111.2 million and 7 AMD issues for AMD 27.1 billion.
Ameriabank is at the top of the market as an arranger having completed several innovative and one-of-a-kind projects. In particular, the Bank implemented the largest corporate bonds offering deal in Armenia, arranged the first placement of non-resident’s bonds in the Armenian market, as well as the first in Armenia placement of bonds with a floating interest rate.