ABLV Bank redeems coupon bond issue

Riga, Latvia, October 16, 2015, 16:28 / Investments

On 16 October 2015, ABLV Bank redeemed straight coupon bonds ABLV FXD USD 161015 (ISIN LV0000801215) issued in 2013. The bonds were redeemed at 100% of the face value, and concurrently the last coupon payments were made.

The above-mentioned bonds were issued on 16 October 2013. The total face value of the issue was USD 50 million. Term of the bond was 2 years, and it was listed on Nasdaq Riga list of debt securities.

As reported earlier, ABLV Bank began substituting long-term deposits with bonds in late 2011. So far, we have launched 29 public bond issues, including the redeemed bonds. Currently, 18 bond issues are listed on the Baltic Bond List of Nasdaq Riga.

Please be advised that it is possible to subscribe to the new straight coupon bonds ABLV FXD USD 261017 (ISIN LV0000801850), ABLV FXD EUR 261017 (ISIN LV0000801868) and subordinated discount bonds ABLV SUB EUR 261025 (ISIN LV0000801835) until 19 October 2015. More information about the terms of the new bond issues is available on our website www.ablv.com.

Ilmārs Jargans
Head of Public Relations Department
+371 6777 5296