OREANDA-NEWS. January 20, 2015. ABLV Bank, AS, will perform two new bond issues under the Fourth Bond Offer Programme, and the bonds will be admitted to the regulated market – Nasdaq Baltic list of debt securities.

The parameters of the issues are stated below.

Coupon bond issue of USD 75 000 000

(issue name: ABLV FXD USD 230217; ISIN: LV0000801645)

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: 2.20% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 23rd of February 2015, and the maturity date is 23rd of February 2017.

Coupon bond issue of EUR 20 000 000

(issue name: ABLV FXD EUR 230217; ISIN: LV0000801652)

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: 1.80% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 23rd of February 2015, and the maturity date is 23rd of February 2017.

The subscription to bond issues will begin on 15th of January 2015 and will last till 16th of February 2015.

As previously reported, at the end of 2011 ABLV Bank started to substitute long-term deposits with bonds. So far, we have performed 25 public bond issues, including the redeemed bonds. Currently, 19 bond issues are included in the Nasdaq Baltic list of debt securities.