Wednesday, May 27 2026 16:54
Alexandr Avanesov

Petrosyan: We have repaid approximately $9 million of ENA CJSC`s loan  obligations to international banks

Petrosyan: We have repaid approximately $9 million of ENA CJSC`s loan  obligations to international banks

ArmInfo.  "We recently repaid approximately $9 million of the ENA CJSC's loan obligations to international banks," Romanos Petrosyan, the company's interim  manager, announced on his Facebook page.

According to him, as of July 2025, when administrative proceedings  against ENA began, the company had loan obligations to international  and local banks, as well as issued bonds (including accrued interest)  totaling approximately $396.8 million. Of this amount, obligations to  international banks alone accounted for roughly $123.3 million USD,  secured by a pledge of 100% of the company's shares.

At present, ENA's total loan portfolio stands at approximately $347.6  million USD, of which international loans account for $93.2 million  USD. "Accordingly, during the interim management period, we have  reduced ENA's financial liabilities to international and local banks  by approximately USD 50 million (including early repayments).  Moreover, payments were made exclusively from ENA's own funds,  running parallel to regular ongoing financial and economic  operations, and without attracting additional financial resources,"  Petrosyan noted.