ARARATBANK TO MAKE FIRST REPAYMENT OF ITS BONDS
Mediamax Agency, Armenia
Aug 8 2007
Yerevan, August 8 /Mediamax/. On August 10, ARARATBANK CJSC will
make the first repayment of its coupon bonds listed at Armenian Stock
Exchange at Abond level.
The repayment will be by way of cash or cashless payment to the bond
holders, Mediamax was told in the ARARATBANK CJSC press service.
The payments will be realized on the base of the register of stock
holders fixed in Armenian Central Depository as of 18:00, August 9.
ARARATBANK dealing centre director David Harutiunian said that the
realization of payments in the period of stock circulation makes this
instrument more attractive for the investors.
ARARATBANK CJSC coupon bonds with the circulation term of 12 months
to the nominal value of 10.000 drams and annual interest rate of 8%
were placed this May 10.