On February 10, 2022 FINCA UCO nominal coupon bonds were successfully placed
On February 10, 2022 FINCA UCO nominal coupon bonds with the total volume of AMD 1,400,000,000, coupon rate of 12% and maturity of 36 months were successfully placed by ARARATBANK. Out of the total 140,000 bonds, 119,000 were placed on Armenian Securities Exchange, the remaining 21,000 were acquired by the underwriter of the placement and market maker ARARATBANK, in accordance with the bond prospectus.
It is important to note that the total volume of the 119,000 bonds acquired by 7 members of the Securities Exchange placed on Armenian Securities Exchange was AMD 1,243,748,307.15. The average weighted yield of the bonds placed on Armenian Securities Exchange was 11.8368%.
The results of the placement are available here.