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Bonds Of Valletta CJSC's Third Tranche Listed On Armenian Stock Exch

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  • Bonds Of Valletta CJSC's Third Tranche Listed On Armenian Stock Exch

    BONDS OF VALLETTA CJSC's THIRD TRANCHE LISTED ON ARMENIAN STOCK EXCHANGE

    Noyan Tapan
    http://www.nt.am/news.php?shownews=117778
    Se p 29, 2008

    YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Registered coupon bonds of Valletta
    CJSC were listed as Bbonds (lowest category) on the Armenian Stock
    Exchange (ASE) on September 25, 2008. The company's 10 thousand bonds
    of the nominal value of 50 thousand drams (about 165.6 dollars) each
    were listed. They have 36 months' redemption period and an annual
    coupon yield of 11%. The bonds have an abbreviation VALTB3 on ASE.

    The first two tranches of Valletta's corporate bonds with an annual
    coupon yield of 10.5% (to be redeemed in 2009) - VALTB1 and VALTB2
    are also listed on ASE now.

    Valletta CJSC (www.valletta.am) operates in various spheres of
    business, including food production, wholesale and retail trade,
    sale and service of domestic appliances, and a network of public
    catering facilities and entertainment centers.
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