Renshin Issues Bonds
May 15, 2026
Renshin LLC, an urban development and investment company, announces the launch of the placement of its registered coupon bonds. The placement agent for the bonds is Ameriabank.
Renshin is an urban development and investment company with more than 24 years of experience, having completed approximately 1 million square meters of premium-class construction projects throughout its operations.
In cooperation with internationally recognized partners, the company is implementing several large-scale projects, including Artlife Kempinski Residences, Skyline, and WTCY.
On the occasion of the bond issuance, Kristine Chichyan, Chief Financial Officer of Renshin, stated:
“The application of such financial instruments contributes to strengthening the institutional link between the capital market and the real sector, where investment resources are directed toward the creation of real assets and the generation of long-term economic value. The bonds issued by Renshin represent not only an investment opportunity, but also an important step toward expanding the use of alternative financing instruments in the urban development sector, which can contribute to the activation of the investment environment.”
The total program volume of the issued bonds amounts to AMD 10 billion, within which three bond series have been issued in Armenian drams and U.S. dollars:
Series 1 — AMD 2,300,000,000, 12% coupon yield, 3-year maturity
Series 2 — USD 10,000,000, 8% coupon yield, 3-year maturity
Series 3 — USD 10,000,000, 8.5% coupon yield, 5-year maturity
The nominal value of one bond is AMD 1,000,000 for AMD-denominated bonds and USD 10,000 for USD-denominated bonds. The minimum acquisition amount is 10 bonds for AMD-denominated bonds and 2 bonds for USD-denominated bonds. For all series, coupon payments will be made every six months.
The bond placement period runs from February 2, 2026, through May 29, 2026, inclusive.
For bond purchases, you can contact us by sending an email to [email protected].
Following the placement, the company will apply to Armenia Stock Exchange (AMX) for the listing of the bonds, after which they may be bought or sold on the secondary market.
Information regarding the bond acquisition procedure, the electronic version of the base prospectus, the final terms of the issuance, and the public offering announcement is available in the relevant documentation. Full details regarding the issuer, the offered bonds, and the associated risks are presented in the base prospectus.
The base prospectus of Renshin LLC’s bond program was registered by Decision No. 1/29 A of the Chairman of the Central Bank of Armenia dated January 21, 2026.
About Renshin
Renshin is an urban development and investment company currently implementing approximately 1 million square meters of premium-class construction projects, with total investments exceeding USD 1 billion.
As of the end of 2024, Renshin’s total assets amounted to AMD 102.6 billion, while the company’s equity totaled approximately AMD 20 billion.
Renshin is an urban development and investment company with more than 24 years of experience, having completed approximately 1 million square meters of premium-class construction projects throughout its operations.
In cooperation with internationally recognized partners, the company is implementing several large-scale projects, including Artlife Kempinski Residences, Skyline, and WTCY.
On the occasion of the bond issuance, Kristine Chichyan, Chief Financial Officer of Renshin, stated:
“The application of such financial instruments contributes to strengthening the institutional link between the capital market and the real sector, where investment resources are directed toward the creation of real assets and the generation of long-term economic value. The bonds issued by Renshin represent not only an investment opportunity, but also an important step toward expanding the use of alternative financing instruments in the urban development sector, which can contribute to the activation of the investment environment.”
The total program volume of the issued bonds amounts to AMD 10 billion, within which three bond series have been issued in Armenian drams and U.S. dollars:
Series 1 — AMD 2,300,000,000, 12% coupon yield, 3-year maturity
Series 2 — USD 10,000,000, 8% coupon yield, 3-year maturity
Series 3 — USD 10,000,000, 8.5% coupon yield, 5-year maturity
The nominal value of one bond is AMD 1,000,000 for AMD-denominated bonds and USD 10,000 for USD-denominated bonds. The minimum acquisition amount is 10 bonds for AMD-denominated bonds and 2 bonds for USD-denominated bonds. For all series, coupon payments will be made every six months.
The bond placement period runs from February 2, 2026, through May 29, 2026, inclusive.
For bond purchases, you can contact us by sending an email to [email protected].
Following the placement, the company will apply to Armenia Stock Exchange (AMX) for the listing of the bonds, after which they may be bought or sold on the secondary market.
Information regarding the bond acquisition procedure, the electronic version of the base prospectus, the final terms of the issuance, and the public offering announcement is available in the relevant documentation. Full details regarding the issuer, the offered bonds, and the associated risks are presented in the base prospectus.
The base prospectus of Renshin LLC’s bond program was registered by Decision No. 1/29 A of the Chairman of the Central Bank of Armenia dated January 21, 2026.
About Renshin
Renshin is an urban development and investment company currently implementing approximately 1 million square meters of premium-class construction projects, with total investments exceeding USD 1 billion.
As of the end of 2024, Renshin’s total assets amounted to AMD 102.6 billion, while the company’s equity totaled approximately AMD 20 billion.