On Bond Issues

Riga, Latvia, February 20, 2018, 09:54 / Investments / Inside information

Given the unfolding situation and in the effort to maintain honest attitude to investors, the Board of ABLV Bank has taken a decision to not carry out the two announced issues of straight coupon bonds and to not execute the applications for buying bonds which were received under the initial offering.

Subscription to straight coupon bonds in the amount of USD 75 million (issue name: ABLV FXD USD 230220; ISIN: LV0000850014) and EUR 20 million (issue name: ABLV FXD EUR 230220; ISIN: LV0000850022) was started on 15 January 2018 and would be closed on 19 February 2018.

Under the initial offering, ABLV Bank received 145 applications amounting to the equivalent more than EUR 50 million.