Tuesday, November 14 2017 16:38
Karine Melikyan

Clobal Credit Universal Credit Company will issue two tranches of bonds for $ 1 million and 300 million AMD

Clobal Credit Universal Credit Company will issue two tranches of  bonds for $ 1 million and 300 million AMD

ArmInfo.Universal Credit  Company (UCC) Global Credit intends to issue and place on the primary  market two tranches of registered coupon non-documentary bonds with  the issue volume of $ 1 million and 300 million AMD on November 23.  As the UCC Global Credit informs, the investment company RENESA will  act as the underwriter in the issue of these bonds and the market  maker when applying them on the secondary market.

Within the dollar tranche, 10,000 bonds will be issued at a nominal  value of $ 100, with a coupon yield of 7% per annum, with a maturity  of 3 years. Within the framework of the AMD tranche, 30,000 bonds  will be issued at a nominal value of 10,000 AMD, with a coupon yield  of 10% per annum with a maturity of 1 year. At placement, the  indicative minimum price is set for dollar bonds of $ 100 and for AMD  bonds at 10,000 AMD, therefore applications submitted at a price  lower than this will not be satisfied. The electronic version of the  issue prospectus of these bonds is available on the official websites  of the issuer and the underwriter: www.globalcredit.am and  www.renesa.am.

Placement of these bonds will take place at the primary placement  site of the NasdaqOMX Armenia exchange through a (European) standard  closed one-time auction.

Limitations to potential buyers of these securities are not provided.  Those wishing to participate in the placement of these bonds can  contact the member companies of NasdaqOMX Armenia, whose list with  contact details is available on the website www.nasdaqomx.am. But  beforehand, investors who want to purchase these bonds must contact  the operators of the Central Depository of Armenia (CDA) account, to  open and maintain depo accounts through them. A list of CDA account  operators is available at www.cda.am. Another prerequisite for an  investor is the availability of a dollar and a dram account in any of  the banks in his name.

If necessary, additional information or answers to questions can be  obtained by calling the Global Credit UCC at + (374 11) 700 100 or  700 200, or to RENESA - + (374 10) 54 87 87.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000