HSKA CJSC successfully completed the over-the-counter placement of its nominal coupon AMD-denominated bonds, open from August 5 to November 5, 2025 through subscription. The placement agent was Armbrok investment company.
The issue parameters were kept within the announced framework: an annual coupon of 11.75% with semi-annual payments, 3-year maturity, a face value of AMD 100,000, and a total issue value of AMD 1.5 billion. The bonds were available to a broad investor base without restrictions, which enhanced accessibility and contributed to portfolio diversification.
The placement was carried out in accordance with the registered procedure: the prospectus was registered by the Central Bank of Armenia on October 25, 2023, under Decision No. 1/237A. Electronic versions of the prospectus and final terms were published on armbrok.am, ensuring transparency and equal information access for all investors.
Quick Term Sheet
Type։ nominal coupon AMD bonds
Coupon։ 11.75% annually, semi-annual payments
Maturity։ 3 years
Face value։ AMD 100,000
Issue size։ AMD 1.5 bln
Placement։ over-the-counter, via subscription
Regulation։ prospectus registered by CBA, 25/10/2023, No. 1/237A
The OTC format, combined with Armbrok’s professional infrastructure, ensured the process was conducted on schedule and under unified conditions, emphasizing regulatory compliance and documentation integrity.
