YEREVAN, February 24. /ARKA/. The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets. By listing its bonds, Globbing LLC has become the first company to represent its sector on the AMX, the exchange’s press service reported.
Registered, coupon, and dollar-denominated bonds of Global Shipping LLC are listed on the main list of bonds (Abond), respectively:
– with a total par value of 1,500,000,000 drams, a par value of 50,000 drams, an annual coupon yield of 12%, a maturity of 36 months, 30,000 bonds;
– with a total par value of 2,000,000 dollars, a par value of 100 dollars, an annual coupon yield of 8.25%, a maturity of 36 months, 20,000 bonds.
Investors will be able to participate in exchange trading of Global Shipping LLC bonds starting February 27 by contacting exchange member banks or investment companies.
Direct trading of these bonds and repo transactions may also be permitted from the date of listing. The bonds were placed between December 12, 2025, and January 5, 2026, by Converse Bank CJSC.
According to AMX CEO Hayk Yeganyan, the entry of a leading online trading company into the capital markets is an important signal both for the development of the private sector and for the deepening of Armenia’s investment environment.
“The activation of such companies in the capital markets creates new trust and could set a precedent for other fast-growing businesses to consider bond financing as a sustainable and competitive alternative,” he said.
David Harutyunyan, Chairman of the Board of Global Shipping LLC and Founding Director of Globbing, stated that the early completion of the placement was an indicator of high investor confidence.
“It was particularly encouraging that over 90% of the company’s bonds were purchased by individuals, which is considered an exceptionally high figure in the investment sector,” he said, adding that the funds raised will be used to further develop Globbing and expand its capabilities.
Converse Bank Executive Director Andranik Grigoryan noted that the bank is consistently taking steps to develop the capital market, including supporting companies ready for long-term and structured financing.
“Particularly important and impressive was the fact that approximately 90% of the bonds were placed among individual investors, primarily through the ConverseMobile app,” he said.
The funds raised through the bonds will be used by the company to expand its network of lockers and innovative service halls in Armenia and Kazakhstan, introduce new services, refinance, and implement digital solutions.
About the Armenia Securities Exchange
AMX is the only stock exchange operating in Armenia and is also the sole shareholder of the Central Depository of Armenia. AMX Group’s mission is to foster a favorable investment environment in Armenia by offering effective solutions and services, including in the areas of securities trading, clearing, settlements, and pension system management.
