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Conversebank announces coupon payment on dram bonds

YEREVAN, February 6. /ARKA/. The Yerevan-based Conversebank announced coupon payments on Dram-denominated bonds (COVSB3, issue 2017-2). It said the total amount of coupon payments made 52.5 million drams. One billion drams worth two-year bonds with fixed-rate were placed on September 1, 2017.

Conversebank’s shareholders are the Advanced Global Investments LLC (80.94%), Armenia’s national postal operator Haypost Trust Management B.V. (14.06%) and the Armenian Apostolic Church (5%). -0-

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