Premature Redemption of Bonds in Ownership of ABLV Bank, AS in Liquidation

Riga, Latvia, June 27, 2018, 13:00 / Investments

On 26 June 2018, Liquidation Committee of ABLV Bank, AS in Liquidation (hereinafter – the Company in Liquidation) made a decision to redeem the following bonds issued by the Company in Liquidation, which are in ownership of the Company in Liquidation:

ISIN

Series (Programme)

Currency

Total issue volume

Face value in the portfolio of Company in Liquidation

Total issue volume after redemption

Subordinated bonds

LV0000801124

ABLV SUB USD 180323

USD

20,000,000

8,826,000

11,174,000

LV0000801173

ABLV SUB USD 270623

USD

20,000,000

18,247,000

1,753,000

LV0000801181

ABLV SUB EUR 270623

EUR

20,000,000

7,391,100

12,608,900

LV0000801223

ABLV SUB USD 231023

USD

15,000,000

8,732,700

6,267,300

LV0000801520

ABLV SUB EUR 271024

EUR

20,000,000

4,826,900

15,173,100

Straight bonds

LV0000802080

ABLV FXD EUR 110718

EUR

20,000,000

13,655,000

6,345,000

LV0000802072

ABLV FXD USD 110718

USD

75,000,000

29,597,000

45,403,000

LV0000802163

ABLV FXD USD 311018

USD

75,000,000

21,019,000

53,981,000

LV0000802171

ABLV FXD EUR 311018

EUR

20,000,000

13,602,000

6,398,000

LV0000802239

ABLV FXD USD 270219

USD

75,000,000

10,031,000

64,969,000

LV0000802247

ABLV FXD EUR 270219

EUR

20,000,000

13,480,000

6,520,000

LV0000802270

ABLV FXD USD 030719

USD

75,000,000

3,133,000

71,867,000

LV0000802288

ABLV FXD EUR 030719

EUR

20,000,000

12,733,000

7,267,000

LV0000802320

ABLV FXD USD 271019

USD

75,000,000

5,005,000

69,995,000

LV0000802338

ABLV FXD EUR 271019

EUR

20,000,000

9,362,000

10,638,000

Redemption of bonds was carried out in accordance with the rights of the issuer provided in the Bond Issue Prospectus to redeem a part of bonds unsold under the initial placement or purchased on the secondary market, which results in decrease of the number of bonds issued by the Company in Liquidation in public hands. A permission for the redemption of the bonds was received from the proxies appointed at the Company in Liquidation by the Financial and Capital Market Commission.

Redemption of bonds is foreseen on 4 July 2018.