April 28, 2017 | Cbonds
|On April 27, 2017 placement of nominal coupon bonds (FNCAB2) issued by “Finca” Universal Credit Organization CJSC (UCO CJSC) took place at NASDAQ OMX Armenia. |
The Company submitted for placement 150,000 coupon bonds for the amount of AMD 1,500,000,000 with nominal value of AMD 10,000, coupon rate of 12.75% and maturity period of 24 months.
Purchase orders for a total value of AMD 1,861,352,596 were submitted for the Company’s bonds (ISIN- AMFNCAB22ER2), as a result of which the bonds were fully placed. The Issuer has attracted AMD 1,501,239,156 from placement. Cut-off price of the bonds was AMD 10,001.72, the cut-off yield stood at 12.74%, and the weighted average yield was 12.702%.
Company: FINCA Armenia
|Full company name||FINCA Armenia|
|Country of risk||Armenia|