Dimension Investments has successfully completed the allocation of Finca UCO CJSC’s AMD-denominated 12․00% fixed-rate coupon bonds.


Dimension Investments has successfully completed the allocation of Finca UCO CJSC’s AMD-denominated 12․00% fixed-rate coupon bonds.

 

 

We are delighted to announce that Dimension Investments has successfully completed the allocation of Finca UCO CJSC’s AMD-denominated fixed-rate coupon bonds in just one day.

 

The yield of weighted average price is 11․9679%

 

To learn more about the auction results, you can visit the following link.

 

Dimension Investments plans to start the placement of Finca UCO CJSC’s AMD-denominated 12% fixed-rate coupon bonds on June 25.

The terms of the bonds are the following:
 
•    The annual coupon rate of the bonds: 12%
•    Volume of the placement: AMD 1,100,000,000
•    Nominal value of one bond: AMD 50,000

•    Coupon frequency: quarterly
•    Maturity period: 30 months
•    Maturity date: 25.12.2026
•    The placement takes place between June 25, 2024 and July 1, 2024.
 
Dimension Investments reported that the interest income from listed bonds in Armenia is exempt from income tax and non-resident profit tax.
 
To learn more about the program prospectus registered by the decision of the Chairman of the Central Bank of the Republic of Armenia No. 1/170A of 15.05.2024, you can visit the following link.

The terms of issue for the bonds can be found on the official websites of FINCA Armenia and Dimension Investments.
 
It should be noted that since 2017, this is the 16th issuance of bonds by FINCA Armenia.

012 555555 | www.finca.am
010 545670 | 043 882981 | www.dimension.am

Companies are supervised by the CBA.
 

About Finca UCO CJSC

FINCA Armenia is a pioneer in financial inclusion. With decades of experience and the support of a global network, delivers tools that help customers achieve their financial goals and build a better future.

About Dimension CJSC

Founded in 2018 and with capabilities spanning Investment Securities Services, Capital Markets Advisory, and Investment Management & Research, Dimension strives to put clients first by being their most reliable, insightful, and effective investment services partner in Armenia, while maintaining the firm’s high integrity. Dimension’s capabilities are fortified by its core values, highly engaged shareholders and global network.

 


25 June 2024, Tuesday

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