On placing the nominal coupon bonds of “Fast Credit Capital” UCO CJSC
On July 9, 2020, the nominal coupon AMD and USD bonds of “Fast Credit Capital” UCO CJSC will be allocated in “Armenia Securities Exchange” OJSC primary allocation platform through standard closed (European) auction, which is regulated by “Rules of the organization of allocation of corporate bonds” of the “Armenian Securities Exchange” OJSC (Hereinafter – the Exchange) . The prospectus was registered by the decision number 1/368A signed by the Chairman of RA CB on 03.07.2020. You can find the Prospectus by visiting the following link: http://fastcredit.am/modules/techpages/files
“ARMSWISSBANK” CJSC will act as the allocator. There are no limitations for those who make investments in the bonds. Only the members of the “Armenian Securities Exchange” OJSC can directly take part in the auction of the allocation of bonds; their list is available on the official website of the Exchange - https://amx.am/am/25/membership/26/members-market-participants
The investors who are not a part of the Exchange can participate in the auction through the members in the procedure and conditions determined by them.
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Tranche 1 |
Tranche 2 |
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Class and type of the bond |
Nominal coupon bond |
Nominal coupon bond |
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Form of the bonds |
Non-documentary |
Non-documentary |
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Currency of issuance |
AMD |
USD |
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Amount of bonds |
40 000 (forty thousand) |
40 000 (forty thousand) |
|
Nominal value of the bonds (currency) |
֏10 000 (ten thousand) |
$100 (one hundred) |
|
Total nominal value of bonds |
֏ 400 000 000 (four hundred million) |
$4 000 000 (four million) |
|
Coupon profitability |
10% annually |
6.5% annually |
|
Periodicity of coupon payment |
Semi-annual |
Semi-annual |
|
Circulation period |
36 months |
36 months |
Main conditions of issuance:
In case of additional information or any questions you can call “Fast Credit Capital UCS CJSC by the following numbers: +(374 10) 510 000 /1070/ /1071/, “ARMSWISSBANK” CJSC by the following number: +(374 60) 757 000 or visit the official websites -http://www.fastcredit.am/ and http://www.armswissbank.am/ .