YEREVAN, December 29. /ARKA/. Team Holding announced the successful and early completion of the first round of its nominal coupon bond placement, according to the press service of Freedom Broker Armenia investment company.
The placement was scheduled to end on March 3, 2026, but was completed on December 29, 2025, due to strong investor interest. Freedom Broker Armenia investment company handled the placement, ensuring full transparency and compliance with international standards.
During the first round, bonds were placed in both US dollars and Armenian drams.
The dollar bond volume was $9 million, with a par value of $100 per bond, a coupon yield of 9%, and a maturity of 48 months. The volume of dram-denominated bonds amounted to 1.4 billion drams: the par value of each bond was 100,000 drams, the coupon yield was 12%, and the maturity was 48 months.
The volume of dram-denominated bonds stipulated in the program prospectus was fully placed, and there will be no further dram placements under the program.
The bonds were purchased primarily by individual investors, demonstrating broad market participation and growing investment interest.
Team Holding will use the funds raised through the placement to implement strategic priorities: developing infrastructure projects, implementing innovative solutions, and improving the financing efficiency of existing projects.
“The significantly earlier completion of the bond placement than planned once again confirms that Team Group offers investors attractive and competitive investment terms. “This is a clear signal from the market that our group’s development strategy, based on transparency, sustainable growth, and long-term value creation, enjoys high investor confidence,” notes Hayk Yesayan, co-founder of the Team Group of Companies.
Freedom Broker Armenia Director Hovak Hovakimyan notes: “The early completion of the placement demonstrates that investors highly value predictable, transparent, and structured investment instruments. This issue is an important step not only for Team Holding but also for the consistent development of the Armenian capital market.”
As a reminder, the total bond placement volume stipulated by the program prospectus is $31.5 million and AMD 1.4 billion.
The program prospectus was registered with the Central Bank of Armenia by a decision dated November 19, 2025.
The electronic version of the prospectus and the public offering announcements can be accessed by following this link. All terms of the issue and the offered bonds, as well as the associated risks, are presented in the program prospectus.
About Team Holding
Team Holding CJSC, founded in 2021 by Hayk and Alexander Yesayan, was created as a holding company that invests and unites subsidiaries in various sectors. The holding company creates a multi-industry corporate ecosystem.
The holding company unites companies operating in the fields of information technology and systems integration, fintech, logistics and e-commerce, energy and construction, hospitality, winemaking, and the supply of high-quality consumer goods. Today, the holding company’s activities cover a number of key areas of the Armenian economy.
About Freedom Broker Armenia
Freedom Broker Armenia (legal name: Freedom Finance Armenia LLC) is an investment company licensed by the Central Bank of Armenia, providing access to local and international stock markets. The company offers a full range of investment and brokerage services: securities transactions, stock investments, IPO participation, as well as independent trading through an online platform. Freedom Broker Armenia is part of the international financial holding company Freedom Holding Corp., whose shares are listed on the NASDAQ stock exchange (ticker: FRHC). The holding’s market capitalization is $10.54 billion, with assets of $10.3 billion (as of September 30, 2025). The group has a presence in the US, Europe, the CIS, and Asia, with over 10,000 employees, 232 offices, and over 3.1 million users in its digital ecosystem.-0-
