OREANDA-NEWS. July 14, 2014. Under the bond issue programme, ABLV Bank, AS, has performed two more coupon bond issues, their total size amounting to USD 75 000 000 and EUR 20 000 000 at face value. During initial placement, the bonds were acquired by 71 and 43 investors respectively, which is a new record-high demand for our bonds.

The issues were performed under the Fourth Bond Offer Programme, and the bonds are planned to be admitted to the regulated market – NASDAQ OMX Riga list of debt securities – on the 9th of July.

The bank initiated gradual replacement of long-term deposits with bonds at the end of 2011. Including new bonds and those already redeemed, we have performed 22 public bond issues so far.

The parameters of new issues are stated below.

Coupon bond issue of USD 75 000 000

(issue name: ABLV FXD USD 080716; ISIN code: LV0000801421)

The issue size is USD 75 000 000. The number of bonds is 75 000. The face value of one bond is USD 1 000. The annual interest rate is fixed: 2.00% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 8th of July, 2014 and the maturity date is 8th of July, 2016.

Coupon bond issue of EUR 20 000 000

(issue name: ABLV FXD EUR 080716; ISIN code: LV0000801439)

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: 2.05% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 8th of July, 2014 and the maturity date is 8th of July, 2016.

Taking into consideration the abovementioned bond issue, there will be 19 bond issues included in the NASDAQ OMX Riga list of debt securities. The investors own ABLV Bank, AS, bonds worth more than EUR 500 million in total.