OREANDA-NEWS. May 29, 2013. Continuing its bond issue programme, ABLV Bank, AS will perform four new bond issues.

The issues will be performed under the Third Bond Offer Programme, and the bonds will be admitted to the regulated market – NASDAQ OMX Riga list of debt securities.

The issue parameters will be as follows:

Discount bond issue of USD 20 000 000 for the sake of raising subordinated capital
(issue name: ABLV SUB USD 270623; ISIN code: ISIN LV0000801173)

The issue size is USD 20 000 000. The number of bonds is 200 000. The face value of one bond is USD 100. Initial placement price: 81.0362% of the face value. The issue date is 27 June 2013, and the maturity date is 27 June 2023.

Annual interest rate of subordinated bonds:

from 27 June 2013 till 27 June 2018 – fixed discount rate of 4.25% calculated twice a year, without coupon payment;

from 28 June 2018 till 27 June 2023 – fixed coupon rate of 6.00% with coupon payment twice a year.

Discount bond issue of EUR 20 000 000 for the sake of raising subordinated capital
(issue name: ABLV SUB EUR 270623; ISIN code: ISIN LV0000801181)

The issue size is EUR 20 000 000. The number of bonds is 200 000. The face value of one bond is EUR 100. Initial placement price: 81.0362% of the face value. The issue date is 27 June 2013, and the maturity date is 27 June 2023.

Annual interest rate of subordinated bonds:

from 27 June 2013 till 27 June 2018 – fixed discount rate of 4.25% calculated twice a year, without coupon payment;

from 28 June 2018 till 27 June 2023 – fixed coupon rate of 6.00% with coupon payment twice a year.

Subscription to the subordinated bonds will begin on 24 May 2013 and will last till 21 June 2013.

Coupon bond issue of USD 50 000 000

(issue name: ABLV FXD USD 210615; ISIN code: ISIN LV0000801199)

The issue size is USD 50 000 000. The number of bonds is 50 000. The face value of one bond is USD 1 000. The annual interest rate is fixed: 1.725% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 21 June 2013, and the maturity date is 21 June 2015.

Coupon bond issue of EUR 20 000 000

(issue name: ABLV FXD EUR 210615; ISIN code: ISIN LV0000801207)

The issue size is EUR 20 000 000. The number of bonds is 20 000. The face value of one bond is EUR 1 000. The annual interest rate is fixed: 1.725% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 21 June 2013, and the maturity date is 21 June 2015.

Subscription to the coupon bond issues will begin on 24 May 2013 and will last till 17 June 2013.

Since 2011, three bond issues performed under ABLV Bank, AS First Offer Programme and nine bond issues under ABLV Bank, AS Second Offer Programme have been included in NASDAQ OMX Riga lists of debt securities. In terms of the face value of the bonds, the total amount of the said issues exceeds LVL 180 million.