Armenpress: Ucom pays AMD 6,875,000 and $ 93,750 as coupons of USD and AMD Bonds

Ucom pays AMD 6,875,000 and $ 93,750 as coupons of USD and AMD Bonds

18:11, 17 August, 2020

YEREVAN, AUGUST 17, ARMENPRESS. On August 17, 2020 Ucom paid AMD 6,875,000 and USD 93,750 as the coupons of Ucom corporate bonds. These bonds are the first ones by Ucom, issued within the framework of the public offer registered in 2019. In May, 2019 Ucom placed AMD bonds with an annual coupon yield of 11% and USD bonds with an annual coupon yield of 7.5%. The first corporate bonds of Ucom were allowed to trade on AMX Armenia stock exchange, ARMENPRESS was informed from Ucom.

The maturity period of nominal coupon bonds is 36 months, the frequency of coupon repayment is quarterly.

It should be added that the announcement of the bonds’ public offer was registered with the Central Bank of Armenia and is available at https://www.ucom.am/hy/personal/best-deals/bond.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS