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To Investors

Dear staff and visitors of “Vardanants”, dear Yerevan residents and fellow citizens, respected entrepreneurs and financiers,

The “Vardanants” Center of Innovative Medicine is honored to present to your attention bonds issued by the “Vardanants” Medical Center, with a term of 3 years and an annual yield of 12%.

This is the first case in Armenia where a medical institution enters the exchange and raises funding from the capital market.

The shareholders of “Vardanants” — represented by L. Altunyan, A. Meliksetyan, and the investment fund “Amber Capital,” whose founding shareholders include the European Union and the European Bank for Reconstruction and Development (EBRD) — have approached this initiative with the utmost diligence to make the transaction as reliable and beneficial as possible for investors.

We are sincerely interested in attracting as wide a range of investors as possible to accelerate the development of “Vardanants.” By receiving a stable income, you are also supporting the introduction of innovative technologies and the creation of more accessible and high-quality healthcare services for patients. We especially want to emphasize that we would be proud to contribute to your well-being through the guaranteed annual interest — for the benefit of your business and your family.

As we begin our cooperation, we assure you this is only the beginning. Medicine is one of the most dynamically developing fields, and our shared mission is to face the challenges of nature together.

The first tranche of bonds has been issued in a limited quantity, so we encourage you to submit your application today by contacting our bond placement and sales partner — Converse Bank.

How to purchase the bonds:

We are confident that this is a new phase of our collaboration for the benefit of medicine and your financial advancement.

More about VARDANANTS here.

AMD Denonimated Bonds Issued by Vardanants IMC (“Arinterlev” CJSC)

On February 26, 2025, the Prospectus of Vardanants IMC (“Arinterlev” CJSC) was registered by Resolution No. 1/63 A of the Chairman of the Central Bank of Armenia.

Converse Bank is the underwriter of the bonds.

The bonds placement will start on April 01, 2025 at 9:30 a.m. and last until July 01, 2025 at 4:30 p.m.

Bond program prospectus

Final terms of issue

Daily price

Purchase order for legal entities

Purchase order for individuals

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