Valetta LLC redeems first tranche of corporate bonds to amount of 350 mln. AMD
Valletta LLC has successfully redeemed the first tranche of 7000 non-documentary registered bonds, with principal value of 50 thousand AMD, 18-months life, total cost of 350 million AMD ($1 mln. 467 thousand), thus securing a 10.5% annual income for its depositors and 20-25% annual income for its active depositors.
According to Financial Director Armen Berberyan, Valetta LLC is consistent in redeeming bonds.
"Two subsequent tranches will also be redeemed. Possibility of another issue can be considered dependently on investment programs and company's expansion," Mr. Berberyan said.
Valetta LLC is a company covering various spheres of activities, including manufacture, retail and wholesale trade, catering and leisure centers.
According to Financial Director Armen Berberyan, Valetta LLC is consistent in redeeming bonds.
"Two subsequent tranches will also be redeemed. Possibility of another issue can be considered dependently on investment programs and company's expansion," Mr. Berberyan said.
Valetta LLC is a company covering various spheres of activities, including manufacture, retail and wholesale trade, catering and leisure centers.
