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
Arega Hovsepyan is our candidate for Chair of the Committee on European IntegrationThe Final Round of the Junius Tournament Has BegunAwards Ceremony for the “Top 100 Students of Armenia” Competition: Presentation of CertificatesNew Samsung Galaxy A27 as Part of Ucom’s Special “Back to School 2026” OfferMillennials, Gen Z, or Gen Alpha: How Different Generations Prepare for the New School Year: Idram&IDBankFinancial Literacy at the Republican Center for Children and Youth Tent Camp: Idram & IDBankUnlocking the Secrets of the Financial World at ''Hayordi'' Camp with Idram&IDBankUcom Supports the Second Phase of ArmDrone’s FPV Drone Educational Program "The Power of One Dram" to "Orran" Charitable Non-Governmental OrganizationUcom and Microsoft Innovation Center’s Cybersecurity Education Program Concludes with a Mini CTF CompetitionCustomer Appreciation Day - This Time at IDBank’s “Erebuni” BranchResults of the Junius Tournament Announced: The Next Round AheadUcom Expands International Roaming Capabilities"Urgently Confirm Your Card Details": IDBank Warns of Hotel Booking ScamsMher Ananyan joins Unibank's Management Board Ucom Supports the Launch of "Remember the Animals" Educational Game Moody’s changes the outlook on IDBank’s ratings to positive IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch CampaignConverse Bank and Visa expand their strategic partnership to introduce new customer solutions Ucom and FPWC Ensure Round-the-Clock Wildlife Monitoring in Gnishik Through Solar Energy
All Timeline »
Economics

Team Telecom Armenia Presents Sustainability-Linked Bonds to Prospective Investors at an Official Event

Team Telecom Armenia has announced the issuance of Sustainability-Linked Bonds at a special investor event, reaffirming its commitment to reducing the environmental impact of its operations.

The initiative underscores the Company’s focus on sustainable business growth while offering an appealing investment opportunity.

The bonds, available in both US dollars and Armenian drams, have a combined total value of USD 75 million. Proceeds will be allocated to Team Telecom Armenia’s strategic priorities, including the expansion of mobile and fixed networks, the development of Team Energy electric vehicle charging infrastructure, and the refinancing of existing loans.

Addressing attendees, Hayk Yesayan, General Director of Team Telecom Armenia, highlighted the transformative potential of this initiative:

“This bond issuance marks a pivotal step in modernizing Armenia’s telecommunications landscape in advancing toward a responsible, sustainable digital future. It is both an investment opportunity and a means to support the country’s telecom sector development.”

This issuance reaffirms Team Telecom Armenia’s leadership in both financial innovation and sustainability, offering a unique opportunity for investors to contribute to Armenia’s digital transformation.

The first series of US dollar bonds have a nominal volume of 45 million dollars, with a nominal value of USD 100 per bond, a coupon interest of 7.95%, and a circulation period of 60 months. The second series of US dollar bonds has a nominal volume of 20 million dollars, with a nominal value of USD 100 per bond, a coupon interest rate of 7.85%, and a circulation period of 48 months.

The Armenian dram-denominated bonds have a nominal volume of 3.9 billion drams, with a nominal value of AMD 100,000 per bond, a coupon interest rate of 11.5%, and a circulation period of 60 months.

All bond placements will conclude by December 18, 2024, facilitated by Ameriabank.

“The issuance of sustainability-linked bonds by Team Telecom Armenia marks the first-of-its-kind initiative in Armenia. This initiative plays a crucial role in bringing attention to ESG issues, while promoting actions to address them. It is also important for investors, as it provides a unique opportunity to engage in the implementation of this vital mission,” said Artak Hanesyan, Chairman of the Management Board-CEO of Ameriabank.

Bonds acquisition is available through  the MyInvest platform of the MyAmeria application, or by visiting any branch of Ameriabank and filling out an application-order, or by sending a completed application-order form to Ameriabank's e-mail address: [email protected].

Over the past two years, Team Telecom Armenia has implemented an environmental & social management system aligned with international standards, significantly reducing the environmental impact of its operations. As part of its sustainability goals and aligned with current bond issuance, the company is committed to reducing its GHG emissions by 40% by 2029.  

The official event was attended by the Minister of Finance Vahe Hovhannisyan, the Minister of Economy Gevorg Papoyan, the Minister of High-Tech Industry Mkhitar Hayrapetyan, the Chairman of the Central Bank Martin Galstyan, accredited ambassadors in Armenia, representatives of international organizations and the financial and banking sector, as well as partners, shareholders and team members of Team Telecom Armenia.

The prospectus of "Telecom Armenia" OJSC bonds was registered by the decision of the Chairman of the Central Bank of the Republic of Armenia on November 27, 2024. The bond distributor is "AMERIABANK" CJSC. The procedure for acquiring bonds, the electronic version of the prospectus, and the announcement on the public offering of bonds can be found here.

About Team Telecom Armenia

Telecom Armenia OJSC (brand name: Team Telecom Armenia) is an Armenian company that holds a leading position in the country's telecommunications and information technology sectors. Being the successor of the first telecom network in Armenia, the company has more than 100 years of experience in providing services in the field. Team provides mobile and fixed internet, digital television, mobile and fixed telephony services to both individual and corporate subscribers. Team Telecom Armenia's goal is to provide high-quality telecommunications services to all residents of Armenia. To achieve this, the company is constantly modernizing and re-equipping cellular and fixed networks, launching new international communication lines, which also increase the level of reliability and security of the Internet in Armenia.

Public Relations Department: [email protected]