USD Denonimated Bonds Issued by “Converse Bank” CJSC
“Converse Bank” has issued coupon bonds denominated in Armenian Drams (AMD).
“Converse Bank” is issuing coupon bonds denominated in Armenian Drams (AMD) and US Dollar (USD).
On March 3, 2024, the Prospectus of 'Converse Bank' CJSC was registered by Resolution No. 1/108A of the Chairman of the Central Bank of Armenia. On May 30, 2024 and October 11, 2024, Supplements to the Prospectus were registered by Resolutions No. 1/191A and No. 1/391A, respectively, of the Chairman of the Central Bank of Armenia.
The electronic version of the Program Prospectus can be downloaded by clicking this link, and the Prospectus Supplements can be downloaded via this link and this link. For a printed copy, please visit the head office of Converse Bank CJSC at 26/1 Vazgen Sargsyan street, Republic Square, Yerevan, 0010.
The placement of USD denominated bonds will start November 01, 2024 at 9:30 a.m. and last until February 03, 2025 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.
Offering Details |
|
| Issuer | “Converse Bank” CJSC |
| Bond Type | Nominal Coupon Bonds |
| ISIN | AMCOVSB2LER4 |
| Nominal value | 100 USD |
| Total Offering Amount | 5,000,000 USD |
| Maturity | 36 months |
| Coupon rate | 4.50% |
| Coupon Payment Frequency | semiannual |
| Placement Start Date | 01 November, 2024 |
| Placement End date | 03 February, 2025 |
| Maturity Date | 01 November, 2027 |
| Coupon Dates | 01 May, 2025 01 November, 2025 01 May, 2026 01 November, 2026 01 May, 2027 01 November, 2027 |
| Minimum Purchase During Offering | 5 Units |
| Underwriter | “Converse Bank” CJSC |
Application for Individuals
Application for Legal Entities
Daily price for USD Denominated Bonds
Final Terms of USD Denominated Bonds
Program Prospectus
Prospectus Supplement
Prospectus Supplement_II