Renshin Issues First Bonds to the Tune of AMD 10 Billion: Ameriabank Acts as Underwriter
YEREVAN, February 6. /ARKA/. Renshin, an urban development and investment company, announces the launch of its registered coupon bond placement. Ameriabank is the underwriter for the bond placement, according to the bank's press service.
Renshin is an urban development and investment company with over 24 years of history, having completed approximately 1 million square meters of high-quality development. The company, in collaboration with reputable international partners, is implementing a number of major projects, including Artlife Kempinski Residences, Skyline, and WTCY.
Regarding the bond issue, Renshin CFO Kristine Chichyan noted: "The use of such instruments helps strengthen the institutional link between the capital market and the real sector, where investment resources are directed toward the creation of real assets and the generation of long-term economic value. The bonds issued by Renshin are not only an investment opportunity but also an important incentive for expanding the use of alternative financing instruments in urban development, which could contribute to the development of a more vibrant investment environment.
The total bond issue volume is 10 billion drams, comprising three series of bonds – in drams and US dollars:
• Series 1 – 2,300,000,000 drams, coupon yield of 12%, maturity of 3 years
• Series 2 – 10,000,000 US dollars, coupon yield of 8%, maturity of 3 years
• Series 3 – 10,000,000 US dollars, coupon yield of 8.5%, maturity of 5 years
The par value of one bond is 1,000,000 drams for dram bonds and 10,000 US dollars for dollar bonds. The minimum purchase quantity is 10 AMD bonds and 2 USD bonds. For all series, the coupon payment frequency is 6 months.
The bond placement period is from February 2, 2026, to May 29, 2026, inclusive.
Bonds can be purchased online through the MyInvest investment platform of Ameriabank's MyAmeria app, by visiting any Ameriabank branch and completing an order form, or by sending the completed order form to Ameriabank's email address: capitalmarkets@ameriabank.am.
Following the placement, the company will apply to the Armenia Stock Exchange for a listing of the bonds, after which they will be available for purchase or sale on the secondary market.
Full information about the issuer and the offered bonds, as well as the associated risks, is provided in the program prospectus.
The bond prospectus of Renshin LLC was registered by the decision of the Chairman of the Central Bank of the Republic of Armenia dated January 21, 2026.
About Renshin
Renshin is an urban development and investment company implementing approximately 1 million square meters of high-quality development, with a total investment volume exceeding $1 billion.
As of the end of 2024, Renshin's total assets amounted to 102.6 billion drams, and its equity capital was approximately 20 billion drams. ($1 = 377.7 drams).-0-
--
