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Zangezur copper and molybdenum combine to issue bonds to the tune of $50 million and 2.5 billion Armenian drams

09.07.2019 12:34

Zangezur copper and molybdenum combine to issue bonds to the tune of $50 million and 2.5 billion Armenian drams

YEREVAN, July 9, /ARKA/ . The Zangezur Copper and Molybdenum Combine in the southern Armenia said today it has begun a process to enter Armenia’s securities market with the support of Ameriabank.

The company said it is going to ask the Central Bank of Armenia to register a prospectus for the issue of nominal coupon bond to the tune of $50 million and 2.5 billion Armenian drams, which is unprecedented for the non-financial organizations.

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