ABLV Bank redeems coupon bond issue
The above-mentioned bonds were issued on 16 October 2013. The total face value of the issue was USD 50 million. Term of the bond was 2 years, and it was listed on Nasdaq Riga list of debt securities.
As reported earlier, ABLV Bank began substituting long-term deposits with bonds in late 2011. So far, we have launched 29 public bond issues, including the redeemed bonds. Currently, 18 bond issues are listed on the Baltic Bond List of Nasdaq Riga.
Please be advised that it is possible to subscribe to the new straight coupon bonds ABLV FXD USD 261017 (ISIN LV0000801850), ABLV FXD EUR 261017 (ISIN LV0000801868) and subordinated discount bonds ABLV SUB EUR 261025 (ISIN LV0000801835) until 19 October 2015. More information about the terms of the new bond issues is available on our website www.ablv.com.
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 86.25% 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, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, and Limassol.