News

The placement of the latest bond series issued by Renshin, a leading urban development and investment company, has successfully concluded. Valued at AMD 5 billion, the entire volume was fully absorbed by the market in just a few days, driven by exceptionally high demand, despite the official placement deadline being set for February 2, 2027. Ameriabank acted as the underwriter for this issuance. 

Renshin announces the issuance of its next tranche of bonds, offering investors an opportunity to become part of the company’s long-term vision for Yerevan’s urban development. The new issuance comprises 50,000 bonds with a total value of AMD 5 billion. The placement is arranged by Ameriabank. Each bond has a par value of AMD 100,000, an annual coupon rate of 12%, with interest payments made semiannually, a minimum purchase quantity of 1 bond, and a term to maturity of 48 months. The placement period runs from October 7, 2026, through February 2, 2027, included.

Giuseppe Cipriani, owner and CEO of the world-renowned Italian hospitality brand Cipriani, has arrived in Armenia for the first time.