Yerevan /Mediamax/. Starting January 19, nominal coupon bonds issued by “Shen-Concern” CJSC will be traded on the free Cbond market of the Armenian Stock Exchange (Armex).

As Mediamax was told in Armex press service, a total of 60,000 bonds of the company with nominal value of AMD 10,000 and coupon yield of 11% p.a. were admitted to trading.

The bonds are due for redemption on December 2, 2011. Bonds are assigned ticker symbol SHNCB4.

This is the fourth issue of “Shen-Concern” bonds that will be traded on Armex.

The previous three issues (SHNCB1, SHNCB2, and SHNCB3) were redeemed in 2007 and 2008.

“Shen-Concern” CJSC is involved in production and sales of construction materials. As of the end of Q3, 2008, the total capital of the company exceeded AMD 2.8 billion.

Since August 2006, “Shen-Concern” CJSC has been included in the company rating provided by the Central Bank of Armenia. It is currently assigned a “B” rating.