Latvenergo Issues Bonds in Amount of EUR 15 Million
OREANDA-NEWS. On 2 October this year, under the bonds issuance programme, Latvenergo AS issued 15,000 bonds in the total nominal value of EUR 15,000,000 with a maturity date of 22 May 2020, a fixed annual interest rate (coupon) of 2.8% (yield: 3.458%) and an issue price of EUR 971,665.
The issued bonds in the amount of EUR 15,000,000 form the second series of bonds and will be listed on NASDAQ OMX Riga AS.
The issue of bonds is implemented under the bonds issuance programme in the total amount of LVL 85 million (EUR 120 million). Consequently, as of today Latvenergo AS has issued bonds in the total nominal value of EUR 105 million of which the bonds in the total amount of EUR 70 million are issued under the first series of bonds and EUR 35 million under the second series of bonds.
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