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en-UShy-AMru-RU
22Jun

Ameriabank Successfully Raises USD 100 Million Through Inaugural Additional Tier 1 Capital Notes

Ameriabank has fully placed its inaugural perpetual Additional Tier 1 (AT1) capital notes, raising a total of USD 100 million. The notes were issued in two tranches, in February and April, with the entire volume of each tranche subscribed ahead of the planned deadline, demonstrating strong investor demand.

Through the issuance of AT1 notes, Ameriabank is strengthening its capital base to support future growth opportunities and advance its strategic objectives. Notably, the first tranche was placed at a yield to maturity (YTM) of 8.5%, while the second tranche was placed at 8.0%, reflecting exceptionally strong demand and growing investor confidence.

“The strong demand for our AT1 notes is a clear testament to the market’s trust in our credit story and our disciplined, diversified balance sheet management. By enhancing our capital adequacy ratios, this transaction provides additional headroom to pursue our growth ambitions and reinforce our role as the largest lender to the Armenian economy,” said Hovhannes Toroyan, CFO of Ameriabank.

The notes are already available for trading on the secondary market.