10.06.2015. ABLV Bank issues new bonds

News

ABLV Bank, AS, will perform two new bond issues and bonds will be admitted to the regulated market – Baltic bond list of Nasdaq Riga.

The subscription to bond issues will begin on 21.05.2015 and will last till 29.06.2015.

The parameters of the issues are followings:

  • Coupon bond issue of USD 75 000 000
    The number of bonds is 75 000. The face value of one bond is USD 1 000. The annual interest rate is fixed: 1.55% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 07.07.2015, and the maturity date is 07.07.2017.
  • Coupon bond issue of EUR 20 000 000
    The number of bonds is 20 000. The face value of one bond is EUR 1 000. The annual interest rate is fixed: 0.80% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 07.07.2015 and the maturity date is 07.07.2017.