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Armenia plans second issue of $500 million eurobonds -WSJ

13.03.2015 14:34

Armenia plans second issue of $500 million eurobonds -WSJ

YEREVAN, March 12. / ARKA /. Armenia is planning to meet investors in the U.S. and UK to discuss issuing its second dollar bond, The Wall Street Journal (WSJ) reported citing one of the banks arranging the roadshow.

Deutsche Bank, HSBC and JP Morgan are the banks hired to run the meetings, which are due to start March 16, WSJ said.

Armenia is likely to raise $500 million for between seven and 10 years from the new bond sale, which could be issued as soon as Thursday next week, it said.
In addition to the new deal, Armenia is offering to buy back up to $200 million of its previous dollar bond issue. It will pay face value for the bonds, which are currently trading at around 98 cents on the dollar. The final settlement date is March 26.

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Armenia’s Central Bank issues 4 commemorating coins

14.01.2013 17:46

Armenia’s Central Bank issues 4 commemorating coins

The Central Bank of Armenia said Monday it had issued a gold commemorative coin dedicated to the 125th anniversary of great Armenian actor of a drama theater Vahram Papazyan

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