Armenia’s Ucom pays coupons of USD and AMD bonds

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20.05.2020, 16:39

On May 16, 2020 Ucom has paid the coupons of Ucom corporate bonds, the telecommunication company’s press service reported on Wednesday.

Armenia’s Ucom pays coupons of USD and AMD bonds

YEREVAN, May 20. /ARKA/. On May 16, 2020 Ucom has paid the coupons of Ucom corporate bonds, the telecommunication company’s press service reported on Wednesday.

According to the company’s press release, these bonds are the first ones by Ucom, issued within the framework of the public offer registered in 2019.

In May, 2019 Ucom placed AMD bonds with an annual coupon yield of 11% and USD bonds with an annual coupon yield of 7.5%. The first corporate bonds of Ucom were allowed to trade on AMX Armenia stock exchange.

The maturity period of nominal coupon bonds is 36 months, and the frequency of coupon repayment is quarterly.

It should be added that the announcement of the bonds’ public offer was registered with the Central Bank of the RA and is available at https://www.ucom.am/hy/personal/best-deals/bond.

Armenia’s Ucom (Universal Communications) was founded in 2007. Ucom, being one of the flagship companies in the telecommunications market of Armenia, provides a full range of services in this field: high-speed symmetric internet, IP-television and digital telephony. - 0--

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