Global Credit places bonds worth AMD500,000,000 on NASDAQ OMX Armenia27.11.2018
November 27, Yerevan, Armenia: On November 27 Global Credit UCO, CJSC placed coupon bonds (GLBLB7), denominated in Armenian dram, on NASDAQ OMX Armenia Exchange.
The Company submitted for placement 50 000 coupon bonds for the amount of AMD 500 000 000 with nominal value of AMD 10 000 and maturity period of 36 months. 8 transactions were concluded during the placement, as a result of which bonds for a total of AMD 500 068 340 were placed. Cut-off price of the bonds was AMD 10 000, weighted average yield was 9.9947% and the cut-off yield stood at 10%.