ArmInfo.On February 4, Ameriabank will start the initial placement of the next dollar tranche of registered, coupon and non-documentary bonds in the amount of $ 10 million.
This is indicated in the issue prospectus of this issue posted on the website of the Central Bank of Armenia, according to which the placement is planned to be completed on 26 February ,2021. Within the dollar tranche, 100 thousand bonds with a par value of $ 100 will be issued. The coupon yield is set at 4.75%. The frequency of coupon payments is provided once a quarter. The full repayment of this tranche is scheduled for May 4, 2023.
Those wishing to purchase bonds of this issue can transfer funds to the corresponding account opened with Ameriabank - 1570043100494501.
According to AMX, on the stock exchange as of February 2 of this year. 18 bond issues of Ameriabank are quoted - 12 USD and 6 AMD. The total volume of the dollar issues is $ 105.71 million, and the dram - 22.1 billion drams. The repayment of dollar tranches will take place in 2021-2023: in May, September and November 2021 - four tranches; in February, June, July, October and December 2022 - six tranches; in March and May 2023 - two tranches. And AMD tranches will be repaid in September 2021 (one), in February, July and November 2022 (four), and in March 2023 (one).
According to the Financial Rating of Banks of Armenia as of December 31, 2019, prepared by ArmInfo IC, Ameriabank is the leader in terms of the volume of funds raised from the placement of corporate bonds - 54.6 billion drams or $ 113.8 million. In a three-year breakdown, the bank has tripled this indicator. Ameriabank accounted for about 30% of the total volume of this indicator in the banking sector. By October 1, 2020, the volume of funds attracted by Ameriabank from the placement of corporate bonds reached 68.9 billion drams ($ 141 million), with an annual growth of 28.8%, for 9 months of this year. - by 26.2%, and only in the third quarter - by 25.5%. Ameriabank is very activ in the corporate bond market of Armenia, having started issuing its securities in March 2016, and in the same year, having initiated the first issue on the international market - in June through its investment manager - responsAbility Investments AG - successfully placed $ 20 million in debt securities 4 Luxembourg investment funds. Ameriabank has been repeatedly recognized as "The Best Operator-Custodian of the Depository System Account in the International Securities Market".
To remind, Ameriabank, operating in the Armenian market since October 31, 1996, is a universal bank providing investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. The bank's shareholders as of October 1, 2020 are Imast Group (CY) Limited (previous name - Ameria Group (C-Wye) Limited - 48.95%, EBRD - 17.76%, Asian Development Bank - 13.94%, ESPS Holding Limited - 11.83% and Afeyan Foundation for Armenia Inc. - 7.52%.
