Yerevan /Mediamax/. “Ameriabank” is pleased by the results of placing the emission of nominal coupon bonds of “IMEX Group” Company## at the sum of 1bln AMD, which concluded on October 15.

Mediamax reports that the Director of “Ameriabank” Development Department Tigran Dzhrbashyan said this in Yerevan today at the joint news conference of “Ameriabank” and “IMEX Group” leaderships.

Director of Investment Banking Operations Department of “Ameriabank” Andrey Shinkevich informed that in the process of placement, the applications of over 40 investors were met, among which there were both individuals and legal entities. He singled out the active participation of institutional investors – insurance and investment companies, as well as the good results of the placement, despite the crisis situation in international financial markets.

Andrey Shinkevich reminded that while realizing the placement, the bank applied a market mechanism, during which the investors submitted applications for the desired yield, noting that the yield range, on which the investors submitted applications, made 11-11,5%.

Head of “IMEX Group” LLC Administration Tigran Galstyan thanked the investors for their confidence towards the Company, which resulted in 100% placement. “The Company will continue making new interesting steps in the stock market of Armenia”, Tigran Galstyan stated.

Trade Operations Director of “Ameriabank” Sergey Shevchenko informed that at present the bonds are at the stage of registration in the Armenian Stock Exchange and will undergo listing in the course of 5 days. According to him, to secure liquidity of the bonds, the difference between buy and sell prices of the securities will make approximately 0,5%, which will allow investors at any moment selling their bonds.

The open subscription for the Company’s bonds started on September 15 and lasted till October 10, 2008; the placement took place on October 13-15.