USD DENOMINATED BONDS ISSUED BY CONVERSE BANK CJSC
''Converse Bank'' has issued coupon bonds denominated in US dollars (USD).
On 03 March 2024 the Program Prospectus of ''Converse Bank'' CJSC bonds was registered by the resolution of Chairman of the Central Bank of Armenia N 1/108 A.
The electronic version of Program Prospectus can be downloaded by clicking this link. For a printed copy, please visit the Converse Bank CJSC head office located at 26/1 Vazgen Sargsyan Street, Republic Square, Yerevan, 0010.
The placement of USD denominated bonds will start April 17, 2024 at 9:30 a.m. and last until August 15, 2024 at 4:30 p.m. .
Bonds can be purchased through ''Converse Bank'' CJSC mobile banking app, e-mail applications or by visiting to any branch of Bank.
On 2 July the allocation of this tranche has been completed. The bank will apply for the listing of bonds to the Armenian Securities Exchange.
| Offering Details |
|
| Issuer | ''Converse Bank''CJSC |
| Bond Type | Nominal Coupon Bonds |
| Nominal value | 100 USD |
| Total Offering Amount | 10,000,000 USD |
| Maturity | 36 months |
| Coupon rate | 4.75% |
| Coupon Payment Frequency | semiannual |
| Placement Start Date | 17 April, 2024 |
| Placement End date | 15 August, 2024 |
| Maturity Date | 17 April, 2027 |
| Coupon Dates | 17 October, 2024 17 April, 2025 17 October, 2025 17 April, 2026 17 October, 2026 17 April, 2027 |
| Minimum Purchase During Offering |
5 Units |
| Underwriter | ''Converse Bank'' CJSC |
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Daily price for USD Denominated Bonds
Final Terms of USD Denominated Bonds