OREANDA-NEWS. August 18, 2010. AS Parex banka (registration number 40003074590, domicile: Republikas laukums 2A, Riga, LV-1522, Latvia) announces that all liabilities for subordinated bonds of EUR 5’350’000 issued in November 2008 with maturity date on 8 May 2018 shall be retained in AS Parex banka, reported the press-centre of Parex bank.

In accordance with the prospect for subordinated bonds, disbursements shall take place on 8 May and 8 November of each year, at the rate of 11% per year until 8 May 2013 and from 8 May 2013 until maturity date – at the rate of 12% per year. AS Parex banka reserves the right to retire subordinated bonds for the total amount of the emission before term starting from 8 May 2013.

In case of questions or inquiries, please contact us by e-mail, address: parex@parex.lv, or call our Information Hotline at + 371 6 7779100.