Project Notice |
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PNR | 36372 |
Project Name | ZCMC Bond Participation |
Project Detail | Project Description Investing USD 11 million in senior unsecured bonds consisting of (i) a USD 50 million bond (the "USD Bond") and (ii) a AMD 2.5 billion bond (USD 5 million equivalent) issued by Zangezur Copper Molybdenum Combine CJSC ("ZCMC" or the "company") and placed on the OTC market. Ameriabank acted as a Lead Arranger and Bookrunner and will be the Market Maker of the bonds on the Armenian Stock Exchange. Project Objectives The proceeds from the EBRD investment will finance investment projects aimed at improving energy efficiency and CO2 reduction. The investment is consistent with the Banks Green Economy Transition approach. In addition, the transaction will contribute to the further development of the countrys capital market. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Financial Services |
Country | Armenia , Western Asia |
Project Value | AMD 50,000,000 |
Contact Information |
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Company Name | ZANGEZUR COPPER MOLYBDENUM COMBINE CJSC |
Address | Anna Sedrakyan Anna.Sedrakyan@zcmc.am +37428533131 |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/51289.html |