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Viva Armenia CJSC bonds listed on Armenia Stock Exchange

YEREVAN, July 15. /ARKA/. The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July. Today, the traditional bell ringing ceremony was held to symbolize the launch of trading of the company’s bonds on the exchange. 

Viva Armenia CJSC’s bonds, with a total volume of USD 80 million, have been included in the the Bbond secondary list of the Armenia Stock Exchange. A total of 800 000 bonds have been listed, each with a nominal value of USD 100, an annual coupon rate of 7.65% (paid semi-annually) and a maturity of 36 months. These bonds can be traded on a targeted basis, and repurchase agreement (REPO) transactions are also available. 

It is worth to mention that this issuance is currently the largest by volume among corporate dollar bonds circulating on the Armenia Stock Exchange, which highlights the ongoing growth and expansion of local investment opportunities. 

The bond placement took place between 12 February and 23 June 2025 through “Ameriabank” CJSC. The entire volume of the issued bonds was successfully placed. Investors can conduct transactions with Viva Armenia CJSC bonds on the Armenia Stock Exchange’s trading platform starting from 15 July, by contacting member banks or investment companies of the stock exchange. 

During its 20 years of operation, Viva Armenia has played a significant role in the development of Armenia’s ICT sector, serving more than two million subscribers throughout the country. 

“We are pleased to see the active participation of such a major player as Viva Armenia in the capital market. This is an important step that confirms the capabilities of our market and opens new investment opportunities for local and international investors. Such issuances enhance the transparency of the financial system and stimulate economic growth,” said Hayk Yeganyan, CEO of the Armenia Stock Exchange. 

“Entering the capital market with a large-scale bond issuance is a new phase in our Company’s growth strategy. This achievement reflects Viva Armenia’s strong financial foundation and our commitment to transparency, innovation, and long-term investment in Armenia’s digital future. We are proud to offer investors the opportunity to jointly develop the country’s telecommunications and technology sectors,” said Armen Avetisian, General Director of Viva Armenia CJSC. 

“This is truly a historic milestone for Viva Armenia, Ameriabank, and the overall development of our country’s capital market. The entry of such a large and stable company into the capital market creates new level of investment opportunities for citizens. This became the largest corporate dollar bond placement by a private issuer in the history of Armenia’s capital market, with an unprecedented number of individual investors participating – thanks to Ameriabank’s MyInvest investment platform”, said Arno Mosikyan, Director of Investment Banking at Ameriabank. 

The company will allocate the funds raised from the bond placement to refinance existing loan obligations and/or to implement capital and other strategic vestments. 

The bond issue by Viva Armenia CJSC provides investors with an additional opportunity to diversify their portfolios while supporting the growth of a leading telecommunications company. 

 The company’s bonds can be purchased exclusively through the Armenia Stock Exchange trading platform by contacting any bank or investment company that is a member of the exchange, opening a brokerage account and submitting the necessary application.-0-

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