Tuesday, April 13 2010 12:08
IMEX GROUP makes the sixth coupon payment in the amount of 28.75 million drams
ArmInfo. IMEX GROUP Company made the 6th quarterly coupon payment for its corporate bonds in the amount of 28.75 million drams (2.87^% of total issue).
NASDAQ OMX Armenia reports that the nominal value of the bonds placed on Oct 13 2008 is 10,000 drams, the issue comprises 100,000 bonds in the amount of 1 billion drams in total. The maturity is 24 months (with buy-back option in a year after placement) and 11.5% annual yield. The next payment is scheduled for Jul 13 010. The maturity date is Oct 13 2010. The underwriter and market-maker of IMEX GROUP corporate bonds is Ameriabank.
The source reports that transactions at NASDAQ OMX Armenia over the period of circulation of IMEX GROUP debt securities (Oct 27 2008 - Apr 13 2010 inclusive) totaled 1.4 billion drams (146 transactions). The source reports that the company's bonds are listed in Cbond category.
IMEX GROUP is an importer of building materials, heating systems and household equipment. The company owes a chain of 30 shops "IDEAL", "Keramica", "Thermotech" in Yerevan, Gyumri, Vanadzor and other towns in Armenia.