NASDAQ OMX Armenia lists first issue of Artsakh hek bonds

YEREVAN, February 19. /ARKA/. NASDAQ OMX Armenia listed the first issue of ARTSAKH HEK ojsc corporate bonds on February 15, 2013.

Starting February 15, 2013, nominal coupon bonds issued by ARTSAKH HEK ojsc were listed and included in the Bbond list of NASDAQ OMX Armenia. This issue of the Company’s bonds comprises 600 coupon bonds with nominal value of USD 10,000, maturity 36 months and annual yield of 10%. The issue will be traded under AHEKB1 ticker symbol.

ARTSAKH HEK ojsc is a power production company, operating several hydropower plants. ARTSAKH HEK entered securities market of Armenia in 2009 with the first ever IPO and later successfully placed three additional issues of stocks.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.

The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005.—0-

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