Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
May the Holiday Warm Hearts: Idram and IDBank Support the Children of HeroesBeneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food InsecurityUcom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to SchoolsBig Christmas Market with Idram, IDBank and idplusUcom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas MarketConverse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE BoardUcom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten Converse Bank has been included in the list of Confirming Banks of the EBRD TFP In 2024, Ucom Expands and Modernizes Fixed and Mobile Networks, Launches 5G in 8 More Cities, Covering a Total of 28 Cities. Acba bank to Allocate $50 Million for MSME Development Team Telecom Armenia Presents Sustainability-Linked Bonds to Prospective Investors at an Official EventConverse Bank and IFC join forces to support the growth of SMEs in Armenia4.479.792 AMD to Armenia Tree Project. the next beneficiary is Children of the regions NGO Ameriabank Presents EventHub.am: a Streamlined and User-Friendly Ticketing SolutionUcraft Introduces a New Solution for Businesses: The UC ERP Platform
All Timeline »
Society

Unibank to Issue Subordinated Bonds for the First Time in Armenia

Unibank announces subordinated bonds issue equal to USD 10 million. The annual coupon rate is 6.25%, the maturity of the bonds - 7 years. The coupon income will be paid quarterly.
 
Unibank became the first bank in Armenia to issue subordinated bonds. The minimum bond purchase amount is USD 10.000 that may be acquired at Unibank head office or its branches.  The placement of the issue is planned to be completed by February 24, 2025, after that subordinated bonds will be listed on the Armenian Stock Exchange. Unibank has been one of the most active participants in the securities market since 2016. At the AMX AWARDS 2024, the bank was recognized as the best in two nominations: “Best Equity Issuer on the Exchange” and “Best in Secondary Equity Market”. Overall, Unibank placed 28 tranches of bonds worth about USD 70 million and carried out the listing procedure on the exchange.
 
The Subordinated bonds prospectus (registered on 13.11.2024) is published on www.unibank.am. The funds received from the subordinated bonds issue are not guaranteed in accordance with the RA Law "On Guaranteeing Compensation for Bank Deposits of Individuals" before the occurrence of the compensation case specified in Article 5 of the given law takes place, the bonds will be converted into Bank's ordinary shares in the manner and amount prescribed in the Prospectus.