Thursday, April 16, 2015

1st and 2nd Issue of Foreign Currency Denominated Bonds by ARMSWISSBANK Placed at NASDAQ OMX Armenia

21:14, April 16, 2015

On April 16, 2015 placement of the first and the second issues of foreign currency denominated bonds by "ARMSWISSBANK" CJSC took place at NASDAQ OMX Armenia. 

It is worth mentioning that ARSWISSBANK issues bonds for the first time. Company submitted for placement USD 2,000,000 (1st tranche, SWISB1) and USD 3,000,000 (2nd tranche, SWISB2) nominal coupon bonds. The first tranche of bonds included 2,000 coupon bonds (SWISB1) with coupon rate of 7.5% and maturity period of 3 years while the second tranche of bonds included 3,000 coupon bonds (SWISB2) with coupon rate of 8.0% and maturity period of 4 years. The nominal value of the bonds for both tranches is USD 1,000. 

Placement results for SWISB1 bonds:  

Armenian News

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