Ameriabank Launches Another $ 10 Million Tranche of USD Bonds on the  Market on 4 February

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%.