ABLV: ABLV Bank, AS, redeems two coupon bond issues
The abovementioned bond issues were performed on 25th of February, 2013. Their respective sizes were EUR 20 million and USD 50 million at face value of the bonds. The term of the bond issues was 2 years, and those were included in Nasdaq Riga list of debt securities.
As previously reported, at the end of 2011 ABLV Bank, AS, started to substitute long-term deposits with bonds. So far, we have performed 27 public bond issues, including the redeemed bonds. Currently, 19 bond issues are included in Baltic bond list of Nasdaq Riga.
ABLV Bank, AS, is the largest independent private bank in Latvia. The bank’s major shareholders — O?egs Fi?s, Ernests Bernis and Nika Berne — directly and indirectly hold 86.23% 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; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, Tashkent, and Limassol.