Based on the prospectus of FINCA UCO CJSC nominal, non-documentary, coupon bonds issue registered by the resolution of the Governor of Central Bank of Armenia N 1/664A on 29.12.2021, FINCA UCO CJSC plans the issue and placement of AMD denominated coupon bonds on 20.04.2022.
The underwriter of the placement is ARARATBANK. FINCA UCO CJSC bonds placement will take place in Armenia Securities Exchange through a one-time auction. Only Armenia Securities Exchange member companies can take part in this placement. The list of member companies is available at Armenia Securities Exchange’s official website.
Non-member entities wishing to participate in bond placement can apply through the member companies in accordance with the procedure and conditions established by them.
Bonds can be purchased by both individuals and legal entities
| Material Terms and Conditions of AMD Bonds | |
|---|---|
| Category | Nominal coupon bonds |
| Face value | AMD 10,000 |
| Total volume | AMD 300,000,000 |
| Quantity | 30,000 |
| Maturity | 24 months |
| Coupon rate | 12,5% |
| Coupon payment frequency | semi-annual |
| Underwriter | ARARATBANK OJSC |
| Material Terms and Conditions of USD Bonds | |
|---|---|
| Category | Nominal coupon bonds |
| Face value | USD 25 |
| Total volume | USD 1,400,000 |
| Quantity | 56 000 |
| Maturity | 24 months |
| Coupon rate | 6,5% |
| Coupon payment frequency | semi-annual |
| Underwriter | ARARATBANK OJSC |
The payment and redemption of FINCA UCO CJSC coupon bonds will be carried out according to the following schedule:
| First payment | 20.10.2022 |
| Second payment | 20.04.2023 |
| Third payment | 20.10.2023 |
| Fourth payment and coupon bond redemption | 10.02.2024 |
If the coupon bond payment and/or redemption date falls on a non-working day, the payment will be made on the following workday.
Corporate coupon bonds are exempt from 10% income tax.
You can access the final conditions of the bonds and program prospectus below: