ARARATBANK acts as an underwriter of FINCA UCO CJSC bonds

FINCA UCO CJSC is planning to issue and underwrite AMD denominated coupon bonds on February 10, 2022. ARARATBANK OJSC will act as an underwriter of bonds.  

The nominal value of AMD denominated bonds is AMD 10,000 with 36-month maturity period and 12% annual yield. The company will underwrite 140,000 AMD denominated bonds for a total volume of AMD 1,400,000,000.

The coupon yield, which will be paid semi-annually, is exempt from income tax.

Main terms and conditions of the bonds in issue

Category	Nominal coupon
Nominal value	AMD 10,000
Total volume	AMD 1,400,000,000
Number of issued bonds	140,000
Maturity period	36 months
Annual coupon yield	12%
Coupon payment frequency	Semi-annual
Underwriter	ARARATBANK OJSC