Viva's $80 million bonds are fully placed

The bonds of Viva Armenia CJSC with a nominal value of 80 million USD have been fully placed. The annual coupon rate of the bonds with a nominal value of 100 USD each is 7.65%, and the circulation period is 36 months. The underwriter of the bonds was Ameriabank .

Thus, Viva has become the company that has issued the largest volume of foreign currency bonds in the local capital market of Armenia to date.

"This is a great achievement for Viva, as it demonstrates the great trust and positive attitude of the public towards our company. It creates a solid foundation for the further development of the company and the implementation of our ambitious plans. This is an important step that will help not only strengthen our positions in the market, but also expand the number of services offered and improve customer satisfaction," noted Armen Avetisyan, General Director of Viva.

"We are glad that another important project for the Armenian capital market was successfully implemented. I am confident that it, being the largest in the foreign currency bond market, will have its most important place in the development of our country's capital market. Emphasizing the role of the capital market in the progress of the country's economy, Ameria consistently works in this direction, and it is no coincidence that over the past 2 years, about 50% of the total volume of corporate securities issued in our market has been placed by Ameriabank. Each such large issue is another step towards a developed capital market," noted Artak Hanesyan, Chairman of the Board and CEO of Ameriabank.

The 800,000 bonds were purchased by hundreds of individuals and institutional investors.

After the primary placement, the bonds will be listed on the Armenian Stock Exchange, after which it will be possible to buy or sell them on the secondary market.