OREANDA-NEWS. Given high customer demand, ABLV Bank, AS, Board decided to increase the size of the bond issue ABLV FXD USD 170216 (ISIN code: LV0000801298). Other issue terms and conditions remain unchanged. The changes in the issue terms and conditions have been registered by the Financial and Capital Market Commission.

The initial issue size was USD 50 000 000, and after the increase it equals USD 75 000 000. The number of the bonds was increased accordingly to 75 000. The face value of one bond is USD 1 000. The annual interest rate is fixed: 1.975% with coupon payment twice per year. Initial placement price: 100% of the face value. The issue date is 17 February 2014, and the maturity date is 17 February 2016.

The term of subscription to these bonds remains unchanged - 11 February 2014.