Viva Armenia Issues its First Bonds Worth $80 Million

YEREVAN, February 12. /ARKA/. Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

The funds raised through this issuance will be used by Viva Armenia to refinance loans, cover capital and other strategic costs.

The face value of each bond is $100 with an annual coupon rate of 7.65% (with a coupon periodicity of 6 months), while the maturity period is 36 months. The placement of the bonds will begin on 12 February 2025 and will last for 90 business days.

The bonds can be purchased online via the MyInvest platform on Ameriabank’s MyAmeria application, by visiting any Ameriabank branch and filling out an application order, or by sending the completed application-order form to Ameriabank’s email address: [email protected].

After the initial placement, the bonds will be listed on the Armenia Stock Exchange and made available for buying and selling on the secondary market.

The prospectus for Viva Armenia CJSC’s bonds was registered by Resolution No. 1/17 Ա of the Chairman of the Central Bank of the Republic of Armenia on 22 January 2025. The procedure for purchasing bonds, the electronic version of the prospectus, and announcements regarding the public offering can be found here. All details about the issuer and offered bonds, as well as associated risks, can be found in the prospectus.

About Viva Armenia

Viva is a leader in the telecommunications and information technology sector in Armenia, offering mobile and fixed services, as well as cloud services and other convergent products. The Company is also a leader in the telecommunications sector in terms of launching a large number of key technologies and solutions, innovative tariff plans and services.

Viva strictly adheres to high international standards of business ethics and compliance, which allows the company to ensure sustainable development and prevent potential risks.-0-

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