On transfer of bonds issued by ABLV Bank, AS in liquidation into monetary claims

Riga, Latvia, July 16, 2020, 16:48 / Banking

After the bonds issued by ABLV Bank, AS in liquidation (hereinafter — the Company) were excluded from the regulated market – Nasdaq Riga Bond List, on 15 July 2020 the accounting of bonds at Nasdaq CSD SE depository was terminated, as a result of which the Company has transferred the bonds into monetary claims.

The Company shall account these claims as its creditors’ claims on disbursement of monetary funds in EUR (euro). Transfer of bonds issued by the Company into monetary claims in EUR (euro) shall not affect the lodged and admitted creditors’ claims, the amounts of these claims in EUR (euro) and the rank of satisfying these claims.

The order of disbursement of monetary claims is determined in the General Terms of Liquidation of the Company that are available on the website of the Company.