Business
Ameriabank CJSC placed inaugural USD 50m AT1 notes
Lion Finance Group PLC announced that its Armenian banking subsidiary, Ameriabank CJSC, successfully placed inaugural USD 50,000,000 8.5% perpetual Additional Tier 1 capital notes. The offering, which was fully subscribed ahead of its scheduled closing date, demonstrates strong investor demand in the domestic market. These perpetual notes carry an 8.5% coupon rate payable semi-annually and include an option for early repayment after five years, with plans for listing on the Armenia Securities Exchange. This issuance is expected to enhance Ameriabank's capital adequacy ratios and support its growth ambitions. Disclaimer*
About this update from Lion Finance Group Plc
[{"type":"text","content":"\n\n\n \nLondon, 12 February 2026\nLion Finance Group PLC announces that Ameriabank CJSC placed inaugural USD 50,000,000 8.5% perpetual Additional Tier 1 capital notes\nLion Finance Group PLC (the \"Company\" or the \"Group\") today announces that its Armenian banking subsidiary, Ameriabank CJSC (the \"Bank\"), has successfully completed the placement of USD 50,000,000 8.5% perpetual subordinated callable Additional Tier 1 (AT1) capital notes (the \"Notes\").\nThe placement was conducted in the domestic market in accordance with local regulations. Although the subscription period was initially scheduled from 2 February 2026 to 29 May 2026, the offering has already been fully subscribed, demonstrating exceptionally strong investor demand.\nKey details of the Notes are as follows:\n· Denomination: USD, with a face value of USD 10,000 per Note.\n· Minimum Investment: A minimum purchase quantity of five (5) Notes.\n· Term: The Notes are perpetual, with an option for the Bank to call them for early repayment after the fifth year.\n· Coupon: An 8.5% coupon rate, payable semi-annually.\nAmeriabank CJSC acted as the arranger for the placement. The Notes are expected to be listed on the Armenia Securities Exchange.\nHovhannes Toroyan, Ameriabank's CFO, commented: \"The strong demand for our AT1 notes is a clear testament to the market's trust in our credit story and disciplined 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.\"\nArchil Gachechiladze, Group CEO, commented: \"We are pleased to announce the successful placement of Ameriabank's inaugural AT1 notes on the local market. The swift subscription underscores investor trust and is a testament to the strength of the Bank's wealth management franchise and distribution capabilities. This issuance enables Ameriabank to create capital buffers, reinforcing its flexibility to pursue further growth and deliver on its strategic objectives.\"\n \n \n \n \n \n\n \nName of authorised official of issuer responsible for making notification: Nini Arshakuni, Head of Investor Relatio...