Likvidējamā ABLV Bank, AS
Inside information

ABLV Bank issues new bonds

Riga, Latvia, 2017-01-20 15:34 CET -- ABLV Bank will perform two new bond issues under the Sixth Bond Offer Programme, and the bonds are planned to be admitted to the regulated market – the Baltic bond list of Nasdaq Riga.

The parameters of the issues are stated below.

Coupon bond issue of USD 75 000 000
(issue name: ABLV FXD USD 270219; ISIN: LV0000802239)
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: 2.25% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 27 February 2017, and the maturity date is 27 February 2019.

Coupon bond issue of EUR 20 000 000
(issue name: ABLV FXD EUR 270219; ISIN: LV0000802247)
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: 0.75% with coupon payment twice a year. Initial placement price: 100% of the face value. The issue date is 27 February 2017, and the maturity date is 27 February 2019.

The subscription to bond issues will begin on 26 January 2017 and will last until 20 February 2017.

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s major shareholders — Oļegs Fiļs, Ernests Bernis and Nika Berne – directly and indirectly hold 86.55% of the bank's voting share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; Pillar Development, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, Limassol and New York.

         Ilmārs Jargans
         
         Head of Public Relations Department
         ABLV Bank, AS
         Tel.: +371 6777 5296
         e-mail: ilmars.jargans@ablv.com