First placement of 2-nd dollar based tranche of Anelik Bank Bonds completed earlier than terms set.
ArmInfo. A high demand for 2-nd tranche of dollar based bonds of Anelik Bank opened an option to place those by May 29 in full volume and in anticipatory manner. . Bonds were purchased by private persons and legal entities from Yerevan and regions. According to the information of the press office of the bank, this issuance is already submitted to Nazdaq OMX Armenia to pass a listing.
"The majority of obligations, forming over 80%, was purchased by private persons, which proves the highest level of clients' trust and their financial literacy. Bank plans to issue bonds in the future as well," Ruben Melikyan, the Financial Director of Anelik bank said.
The total volume of second dollar based issuance formed USD 5 mln, with turnover period of 2 years, and profitability per one coupon formed 6,25%. The coupon payoffs are assumed to be implemented once in a semester.
By now, at NasdaqOMX Armenia only two issuances of coupon bonds of Anelik Bank are quoted - dollar based with USD 5 mln volume , and dram based - with AMD 1 bln volume. The first tranche of dolar based bonds has been released first in Anelik Bank's history in December 2016. The annual profitability formed 6,5%, turnover term is 2 years. The first issuance passed the stock listing on January 20, 2017 and is quoted in the main list of Abond. The second listing (USD 5 mln with profitability of 6,25% and turnover term of 2 years) is the Anelik Bank dolar based bonds submitted for the listing already.
The third release is AMD based, released on march 15 within the completion of initial placement on April 12, started being quoted at the stock from April 27, 2017. Considering the 1st and 3rd issuances of Anelik Bank bonds at NASDAQ OMX Armenia, there is 31 issues of corporate bonds quoted at the stock as of May 30 , 2017 made by 11 issuers. 19 of those (including 15 dollar based) were implemented by 7 issuer banks: Araratbank, Ameria Bank, ArmSwissBank, ArmBusinessBank, Anelik Bank, Unibank and Converse Bank.
To remind, Bank Anelik functions in the market since October, 1996. After the additional share issue in November 2016, the membership of the Bank's shareholders changed - the entry of the Cypriot company FISTOCO LTD with a stake of 59.68% reduced the share of the former shareholder represented by the Lebanese Bank CreditBank S.A.L from 100% to 40.32%. Indirect majority shareholders are physical persons: Tarek J. Khalefe (CreditBank S.A.L) and Vartan Dilanyan (FISTOCO LTD).