YEREVAN, September 19. /ARКА/. The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. NOUT.AM LLC’s bonds will be listed on the Armenia Stock Exchange starting from 19 September. Today, the traditional bell ringing ceremony was held to symbolize the launch of trading of the company’s bonds on the exchange.
NOUT.AM LLC’s bonds, with a total volume of 618,700,000 AMD, have been included in the the Bbond secondary list of the Armenia Stock Exchange. A total of 6,187 bonds have been listed, each with a nominal value of 100,000 AMD, an annual coupon rate of 13% (on a quarterly payment basis) and a maturity of 36 months with a redemption date 07.03.2028. These bonds can be traded on a targeted basis, and repurchase agreement (REPO) transactions are also available.
The bonds were placed by “Dimensions” CJSC between March 7 and August 7 of this year, among a total of 59 investors, of which 53 were individuals and 6 were legal entities.
Throughout its nearly 17 years of operation, “NOUT.AM” LLC has played a significant role in the sale and design of electronics and computer equipment, as well as in the development and production of artificial intelligence technologies.
“The listing of “NOUT.AM” LLC bonds is an important step in the development of the capital market. It opens new investment opportunities and contributes to the expansion of sectoral diversity within the market. Such issuances enhance the transparency of the financial system, strengthen investor confidence, and promote the sustainable development of the economy,” said Hayk Yeganyan, CEO of the Armenia Stock Exchange.
“Today marks a historic moment for our company. The first issuance and listing of our bonds on the Armenia Stock Exchange is not only a vote of financial confidence, but also proof that in Armenia, it is possible to combine two strong directions – nationwide electronics retail and the development of artificial intelligence technologies. We believe that innovation and technology will become the driving force behind Armenia’s economic progress. The trust of our investors obliges us to go further and prove that an Armenian company can have the potential of a global player,” said Nerses Avdalyan, Founder of NOUT.AM LLC.
“NOUT.AM” LLC has brought together experienced professionals with the goal of meeting the growing demand for computer and server solutions in Armenia and the surrounding regions. The company stands out for its specialized approach, focusing not only on sales but also on the design and integration of technological systems. For more information about the listed bonds, follow the link.
The company’s bonds can be purchased through the Armenia Stock Exchange’s 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-
