Team Holding has launched the placement of registered coupon bonds through Freedom Broker Armenia, the investment company serving as the underwriter of the issuance, ensuring full transparency and compliance with international standards, marking the start of a major financing initiative designed to support long-term infrastructure and innovation projects in Armenia.
The bonds represent a long-term investment instrument aimed at financing the company’s infrastructure and innovation projects as part of Team Holding’s strategy to strengthen Armenia’s economic environment, introduce advanced technologies, and implement projects that create real value for Armenia’s economy. These efforts support the country’s development and reflect a commitment to national progress.
The first tranche includes USD and AMD denominated bonds with a 48-month maturity, offered from December 3, 2025 to March 3, 2026, under a program registered by the Central Bank of Armenia.
As part of the first tranche, the company is offering USD and AMD denominated bonds with the following terms: USD bonds with a total volume of $9 million, a nominal value of $100 per bond, a coupon rate of 9 percent, and a maturity of 48 months; and AMD bonds with a total volume of 1.4 billion AMD, a nominal value of 100,000 AMD per bond, a coupon rate of 12 percent, and a maturity of 48 months.
The total amount of the bond program is $31,500,000 and 1.4 billion AMD. The bond program prospectus was registered by the Central Bank of the Republic of Armenia under Decision No. 1/417A dated November 19, 2025.
The funds raised will be directed toward the implementation of key strategic initiatives, including infrastructure development, innovative technology deployment, and improved financing efficiency of ongoing programs.
Co-Founder of Team Holding, Hayk Yesayan, emphasized that Team is a group of companies committed to driving economic development by offering accessible and useful products and services. In recent years, the holding has consistently strengthened its market position by delivering projects that contribute significantly to economic growth, raising service quality, and improving the investment climate. According to him, Team Holding will continue to follow the principles of long-term and sustainable business, while expanding opportunities for its partners and investors.
Director of Freedom Broker Armenia, Ovak Ovakimian, noted that providing investors with simple, transparent, and reliable investment instruments is a core priority for the company. He highlighted that the placement of Team Holding bonds is an initiative that contributes both to the development of the issuer and to the sustainable growth of Armenia’s capital market.
Bonds may be purchased online through the Freedom Broker Armenia platform, by visiting the company’s office, or by submitting an application on the official website. Investors can access the rules for purchasing bonds, the electronic version of the prospectus, and public offering announcements via the provided link. All terms of issuance and associated risks are presented in the program prospectus.
About Team Holding
Team Holding JSC, founded in 2021 by Hayk and Alexander Yesayan, operates as a diversified holding structure that invests in and unites subsidiaries across multiple sectors, including information technology and system integration, fintech, logistics and e-commerce, energy and construction, hospitality, winemaking, and high-quality consumer goods. Today, the holding covers several key segments of Armenia’s economy.
About Freedom Broker Armenia
Freedom Broker Armenia is an investment company licensed by the Central Bank of Armenia, providing access to both local and international financial markets and offering a full range of investment services, including securities transactions, stock market investments, participation in IPOs, and online trading. The company is part of Freedom Holding Corp., an international financial group listed on NASDAQ (ticker FRHC) with a market capitalization of $8.9 billion and assets of $9.9 billion as of March 31, 2025. The group operates in the United States, Europe, the CIS, and Asia, employs more than 8,700 specialists, has 202 offices, and serves over 11 million users within its digital ecosystem.
