2 tranches of bonds of UKC "Global Credit" were listed on the exchange NasdaqOMX Armenia

ArmInfo. 2 tranches of dollar and AMD registered coupon non-documentary bonds of the Universal Credit Company (CCM) "Global Credit" with the volume of emission of $ 1 million and 300 million AMD on December 8 this year were listed on NasdaqOMX Armenia and included in the Bbond stock list. These bonds are allowed to enter into targeted trading and repo transactions.

According to the press service of the stock exchange, in the framework of the dollar tranche (GLBLB5), 10,000 bonds were issued at a face value of $ 100, with a coupon yield of 7% per annum with a maturity of 3 years. Within the framework of the dram 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. The underwriter in the issue of these bonds and the market maker in their circulation on the secondary market is the investment company RENESA.

According to the Ranking of Armenian credit companies, prepared by ArmInfo News Agency; among the 30 universal credit companies operating in Armenia, Global Credit is in TOP-10 by assets, loan portfolio, net profit. Following the results of 9 months of 2017, Global Credit increased its net profit by 31% per annum, and the annual growth of the loan portfolio by 18.8% allowed increasing assets by 20.3%. The "Global Credit" JSC has been functioning in the financial market of Armenia since October 2010.  Shareholders are Eduard Marutyan - 33.33%, Araik Karapetyan - 28.12%, Gagik Vardanyan - 33.53%, Karen Darbinyan - 5.02%.