Renshin Issues Inaugural Bonds; Ameriabank Acts as Placement Agent
"Renshin" Urban Development and Investment Company announces the launch of the placement of nominal coupon bonds. The placement is arranged by Ameriabank. "Renshin" is an urban development and investment company with a history spanning over 24 years, having developed approximately 1 million square meters of premium real estate during its operations. The Company is implementing a number of major projects in collaboration with reputable international partners, including Artlife Kempinski Residences, Skyline, and WTCY.
Commenting on the bond issuance, Kristine Chichyan, CFO of Renshin, noted:
"The use of such instruments contributes to strengthening the institutional link between the capital market and the real sector of economy, where investment resources are channeled into the creation of real assets and the generation of long-term economic value. The bonds issued by Renshin represent not only an investment opportunity but also a significant incentive for expanding the use of alternative financing instruments in the urban development sector, which can help stimulate the investment environment."
The total program volume of the issued bonds amounts to AMD 10 billion, within the framework of which 3 tranches of bonds have been issued in AMD and USD:
- Series 1: AMD 2,300,000,000, 12% coupon yield, 3-year maturity.
- Series 2: USD 10,000,000, 8% coupon yield, 3-year maturity.
- Series 3: USD 10,000,000, 8.5% coupon yield, 5-year maturity.
The nominal value of one bond is AMD 1,000,000 for the AMD tranche and USD 10,000 for the USD tranches. The minimum purchase quantity is 10 bonds for the AMD tranche and 2 bonds for the USD tranches. The coupon payment frequency is semi-annual (every 6 months) for all series.
The bond placement period is from February 2, 2026, to May 29, 2026, inclusive.
Bonds can be purchased online via the MyInvest platform within Ameriabank’s MyAmeria application, by visiting any Ameriabank branch and filling out a purchase order, or by sending the completed purchase order form to Ameriabank’s email address: [email protected].
Following the placement, the Company will apply to the Armenia Securities Exchange to list the bonds, after which it will be possible to buy or sell them on the secondary market.
The bond purchase procedure, the Program Prospectus, the electronic versions of the Final Terms of Issuance, and the announcement regarding the public offer of bonds can be accessed here. All details regarding the Issuer and the offered bonds, as well as the related risks, are presented in the Program Prospectus.
The Program Prospectus of "Renshin" LLC was registered by the decision of the Chairman of the Central Bank of Armenia No. 1/29 Ա dated January 21, 2026.
About "Renshin"
"Renshin" is an urban development and investment company that implements approximately 1 million square meters of premium construction, with a total investment volume exceeding USD 1 billion.
As of the end of 2024, the total assets of "Renshin" amounted to AMD 102.6 billion, and its equity capital stood at approximately AMD 20 billion.