Wednesday, June 2 2010 20:26

ArmInfo. Shen Concern CJSC has carried out the payment of the third coupon yield of fourth-issue corporate bonds
worth 33.1 mln AMD. According to NASDAQ OMX Armenia, since the moment of circulation of Shen Concern CJSC's fourth-issue securities, from 19 January 2009 up to now the volume of transactions at the stock exchange amounted to 2.8 bln AMD, with the number of transactions being 75.

To recall, Shen Concern's fourth-issue bonds worth 600 mln AMD (in nominal value), with 1095 days of redemption period and 11% p.a. coupon yield have been listed Bbond at the stock exchange since 19 January 2009. The company carries out the coupon payments once every six months, and the next payment is scheduled for 2 December 2010. The redemption period expires on 2 December 2011. The market-maker of the company's securities is the Capital Asset Management company.

To note, Shen Concern CJSC was founded in 1995. It is the assignee of ArmResourceImpex state enterprise. At the moment the company is mostly engaged in production and sale of building materials, including paints, varnishes, dry pack mortars, as well as concrete slabs.