ArmInfo. On November 23, the placement of two tranches of registered coupon non-documentary bonds of the Universal Credit Company Global Credit with the issue volume of $ 1 million and 300 million AMD was held at the primary placement site of the NasdaqOMX Armenia exchange via a (European) standard closed one-time auction.
As the press service of the stock exchange informs, within the framework of the USD tranche (GLBLB5) 10,000 bonds were 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 (GLBLB6), 30,000 bonds were issued at a nominal value of 10,000 AMD, with a coupon yield of 10% per annum, with a maturity of 1 year.
During the placement of USD bonds (ISIN - AMGLBLB25ER6), 20 deals were made. The bonds of the USD tranche were placed in full, as a result of which the company managed to raise $ 1,000,410.4. The cut- off price for the placement was $ 100, the yield on the cut-off was 7%, weighted average yield was 6.9846%.
During the placement of AMD bonds (ISIN - AMGLBLB16ER5), 5 deals were concluded. The bonds of the AMD tranche were also placed in full, as a result of which it was possible to attract 300,025,879.8 AMD. The cut-off price at placement was 10 thousand, yield on cut-off - 10%, weighted average yield - 9,9908%.
The underwriter in the issue of these bonds was the investment company "RENESA" and it will become a market maker when they apply on the secondary market.
