Team Holding dollar bonds listed on AMX
Dollar bonds of Team Holding will start trading on the Armenia Stock Exchange (AMX) on October 6. The issue has a total nominal value of $12.5 million.
The AMX Chief Executive Officer approved the decision on October 1. The registered coupon bonds are admitted to the secondary bond list (Bbond), with October 6 as both the listing date and the first trading day. Negotiated trades and repo transactions in the bonds are also permitted.
The company placed 125,000 bonds with a nominal value of $100 each. The bonds have a 48-month term and mature on May 20, 2030. The coupon rate is 8.65%, paid semi-annually, eight payments in total. The placement ran from May 20 to September 24.
| Team Holding | |
|---|---|
| Ticker | TMHDB4 |
| ISIN | AMTMHDB24ER4 |
| Issue size | $12.5 million |
| Nominal value | $100 |
| Coupon | 8.65% |
| Maturity | May 20, 2030 |
| Coupon payments | semi-annual, 8 payments |
| Day count | actual/actual |
On AMX, the corporate bond market totals AMD 1.06 trillion (about $2.92 billion) and market capitalisation AMD 351.9 billion. A total of 276 securities of 64 issuers are listed and admitted to trading.
