OREANDA-NEWS. Latvenergo AS publishes Final Terms of additional issue of the first Series of Notes dated 5 April 2016 relating to the issue of EUR 25,000,000 1.9 per cent. Notes due 10 June 2022. Bonds are rated Baa2, stable by Moody’s Investors Service. Latvenergo AS may decrease the aggregate principal amount of the Tranche during the placement period. Proceeds from the Notes will be used for financing and refinancing of Eligible Projects in accordance with Green Bond Framework, whereby the Center for International Climate and Environmental Research - Oslo has issued a second-party opinion regarding the suitability of the Notes as an investment in connection with certain environmental and sustainability criteria. The Notes are issued under the Second Programme for the Issuance of Notes in the amount of EUR 100,000,000.

Final Terms of Notes must be read in conjunction with the Base Prospectus of the Second Programme for the issuance of the Notes of Latvenergo AS dated 25 May 2015.

About Latvenergo

Latvenergo Group is a pan-Baltic energy company, engaging in electricity and thermal energy generation and supply, electricity distribution services and management of transmission system assets. Latvenergo Group holds one-third of the entire Baltic electricity market, thus ensuring its leadership in the Baltic electricity supply. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several years in a row. International credit rating agency Moody’s has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.

Latvenergo Group includes the parent company Latvenergo AS (electricity and thermal energy generation and supply) and its subsidiaries Latvijas elektriskie tīkli AS (lease of transmission system assets), Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (electricity  supply in Estonia), Elektrum Lietuva UAB (electricity supply in Lithuania), Enerģijas publiskais tirgotājs AS (administration of electricity mandatory procurement process) and Liepājas enerģija SIA (electricity and thermal energy generation and supply), as well as Elektrum Latvija SIA (electricity supply), a subsidiary of Elektrum Eesti OÜ.