ABLV
Bank, AS, will perform three 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
parameters of the issues are stated below.
Coupon bond issue of USD 75 000 000
(issue name: ABLV FXD USD 261017; ISIN: LV0000801850)
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: 1.65% with coupon payment twice a year. Initial placement
price: 100% of the face value. The issue date is 26th of October,
2015, and the maturity date is 26th of October, 2017.
Coupon bond issue of EUR 20 000 000
(issue name: ABLV FXD EUR 261017; ISIN: LV0000801868)
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 26th of October,
2015, and the maturity date is 26th of October, 2017.
Discount bond issue of EUR 20 000 000 with a purpose of
raising subordinated capital
(issue name: ABLV SUB EUR 261025; ISIN: LV0000801835)
The issue size is EUR 20 000 000. The number of bonds is 200 000.
The face value of one bond is EUR 100. Initial placement price:
83.047% of the face value. The issue date is 26th October 2015, and
the maturity date is 26th October 2025. The bank may redeem these
bonds before maturity starting from 26th of October, 2020.
Annual
interest rate of subordinated bonds:
- from 26th of October,2015 till 26th of October, 2020 – fixed
discount year of 3.75%;
- from 27th of October, 2020 till 26th of October, 2025 – fixed
coupon rate of 3.75% with coupon payment twice a year.
The
subscription to all of the abovementioned bond issues will begin on
17th of September, 2015 and will last till 19th of October,
2015.
Ilmārs
Jargans
Head of
Public Relations Department
ABLV Bank,
AS
Tel.: +371
6777 5296
e-mail:
ilmars.jargans@ablv.com
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