OREANDA-NEWS. May 18, 2015. ABLV Bank, AS, will perform two new bond issues under the Fifth Bond Offer Programme, and the bonds will be admitted to the regulated market – Baltic bond list of Nasdaq Riga.

The subscription to bond issues will begin on 21st of May 2015 and will last till 29th of June 2015. The parameters of the issues are stated below.

Coupon bond issue of USD 75 000 000
(issue name: ABLV FXD USD 070717; ISIN: LV0000801751)
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: 1.55% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 7th of July 2015, and the maturity date is 7th of July 2017.

Coupon bond issue of EUR 20 000 000
(issue name: ABLV FXD EUR 070717; ISIN: LV0000801769)
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: 0.80% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 7th of July 2015, and the maturity date is 7th of July 2017.