OREANDA-NEWS. JSC “Rietumu Banka” under the Third Bond Offer Program will perform new issue of two-year coupon bonds.

After the settlement, the bonds will be included in regulated market and will be listed on the NASDAQ OMX Riga stock exchange.

The subscription to the bonds issues will begin on 04th of December, 2015 and will last till 08th of December, 2015.

The bonds will be issued in USD the following parameters:

7 500 000 USD bonds issue (ISIN: LV0000801975, USDSN-2)

Issue size: 7 500 000 USD

Number of bonds: 100

Nominal value of one bond: 75 000 USD

Fixed interest rate: 2.25%

Frequency of coupon payment: semi-annually

Initial placementprice: 100% of the nominal value

Issue date: 22nd of December, 2015

Maturity date: 22nd of December, 2017.