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    Categories: 2022

Ameriabank is the first in Armenia to place green bonds via public offering

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 17:43, 14 February, 2022

YEREVAN, FEBRUARY 14, ARMENPRESS. Ameriabank announces public placement of nominal, coupon, book-entry bonds with the total volume of USD 8 million and AMD 3 billion during the period from February 14 to April 22, 2022, inclusive. It is the first ever placement of green bonds via public offering in Armenia. 

The bonds’ maturity is 27 months, with the coupon rate of 3.5% for USD bonds, and – 9.5% for AMD bonds. The par value of the bonds is USD 100 and AMD 100,000. The coupon periodicity is 3 months.  

The proceeds green bonds will be used to finance “green assets” as per “Green Bond Framework”, which implies projects that provide clear environmental benefits and promote transition to low-carbon, climate resilient and sustainable economies. Committed to its strategy of managing environmental risks, Ameriabank is continuously increasing the green asset portfolio and funding of projects aimed at designing long-term sustainable solutions.

Please follow the links below for the program prospectus registered by the Central Bank, supplements thereto, and the final terms of issues:

for AMD bonds: here

for USD bonds: here

Potential investors can obtain the hard copies of the bond prospectus and supplements to it at the head office of Ameriabank CJSC (address: 2 Vazgen Sargsyan St., Yerevan, 0010, RA).

We would like to remind that Ameriabank was the first institution in Armenia to issue and place green bonds in 2020 via a private placement, with the total value of Euro 42 million.

 

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions in Armenia with clearly formulated digital agenda. Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. Based on 2021 results, Ameriabank is the market leader by all key financial indicators, with assets exceeding AMD 1 trillion.

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