On 30 December 2016, the prospectus of FINCA UCO CJSC nominal, non-documentary, coupon bonds issue was registered by the resolution of Governor of Central Bank of Armenia N 1/970A.
FINCA UCO CJSC bonds first tranche issue and placement will take place on February 22, 2017. The bonds will be placed in NASDAQ OMX ARMENIA Stock Exchange, and ARARATBANK OJSC will act as the underwriter of guaranteed placement.
There are no restrictions to the potential bond buyers.
Those wishing to participate in the bond placement can apply to the member companies of NASDAQ OMX ARMENIA Stock Exchange. The list and contact details of the aforementioned companies are available at http://nasdaqomx.am/am/members.htm.
For more information, call FINCA UCO CJSC (Tel. – (+374 10) 54 55 31, (+374 10) 54 55 32) or ARARATBANK OJSC (Tel. – (+374 10) 59-23-23).
You can download the electronic version of the Prospectus using the link below, and obtain its printout from the Head Office of FINCA UCO CJSC (2a Agatangeghos Street, Yerevan).
Click on the following link to see the Bond Issue Final Terms and Conditions.
BOND ISSUE FINAL TERMS AND CONDITIONS »
Material Terms and Conditions of Bonds
| CATEGORY | Nominal Coupon Bonds |
| FACE VALUE | 25 USD |
| TOTAL VOLUME | 4,000,000 USD |
| QUANTITY | 160,000 |
| MATURITY | 24 months |
| COUPON RATE | 7.5% |
| COUPON PAYMENT FREQUENCY | Semi-annual |
| UNDERWRITER | ARARATBANK OJSC |
FINCA UCO CJSC continues to combat poverty and ensure sustainable development for low-income entrepreneurs of Armenia. Moreover, as a responsible lender, FINCA possesses all the relevant environmental and social risk management tools related to micro-financing. Besides, FINCA UCO fosters international standards for customer protection and financial education through educational campaigns. The funds attracted from the bonds’ placement will be streamed to the development of small and medium enterprises of Armenia.