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ARMENIAN ARMSWISSBANK SET TO PLACE ARMROSGASPROM'S SECOND BOND ISSUE
ARKA
July 2
Armenian Armswissbank will make an open (public) placement of
ArmRosgasprom's second bond issue from July 7 to 18. The bank which is
acting as placement underwriter in the issue says both legal entities
and individuals may purchase the registered coupon bonds for which
they need to apply to Armswissbank.
The bonds have been issued with the nominal price set at 50,000 AMD
and the annual interest rate set at 9.5% with a 36-month maturity
period. Coupon payments will be made every six months.
The total volume of the issue is 1bln AMD and the total quantity of
bonds is 20,000. Only half of the issue will be placed in an open
subscription method, the rest will be placed among the members of
a participants' group consisting of Armswissbank, Artsakhbank and
Armenbrok companies formed on June 5, 2008.
The discount public placement will yield 10% annual profit for
investors.
The placement price will be determined based on the accounting prices
according to the formula set by bond issue prospectus (separately
for each placement day).
ARKA
July 2
Armenian Armswissbank will make an open (public) placement of
ArmRosgasprom's second bond issue from July 7 to 18. The bank which is
acting as placement underwriter in the issue says both legal entities
and individuals may purchase the registered coupon bonds for which
they need to apply to Armswissbank.
The bonds have been issued with the nominal price set at 50,000 AMD
and the annual interest rate set at 9.5% with a 36-month maturity
period. Coupon payments will be made every six months.
The total volume of the issue is 1bln AMD and the total quantity of
bonds is 20,000. Only half of the issue will be placed in an open
subscription method, the rest will be placed among the members of
a participants' group consisting of Armswissbank, Artsakhbank and
Armenbrok companies formed on June 5, 2008.
The discount public placement will yield 10% annual profit for
investors.
The placement price will be determined based on the accounting prices
according to the formula set by bond issue prospectus (separately
for each placement day).