Announcement of the SJSC “Latvijas Hipotēku un zemes banka” to mortgage bondholders on redemption of the bonds prior to their maturity

| Source: Latvijas Hipoteku un zemes banka Latvijas Hipoteku un zemes banka

Riga, 2012-01-05 08:09 CET (GLOBE NEWSWIRE) -- The SJSC “Latvijas Hipotēku un zemes banka” (Hipotēku banka) hereby notifies that the Board of Hipotēku banka passed a resolution (Minutes No 1) on 4 January 2012, which reads as follows:

  1. On 15 February 2012, redeem the whole issue of the AL series (ISIN code LV0000800142) mortgage bonds according to Article 3.1.3 of the AL series mortgage bonds prospectus, paying to the mortgage bondholders the face value of the bonds together with the interest income accrued by 15 February 2012.
  2. On 15 February 2012, redeem the whole issue of the AM series (ISIN code LV0000800159) mortgage bonds according to Article 3.1.3 of the AL series mortgage bonds prospectus, paying to the mortgage bondholders the face value of the bonds together with the interest income accrued by the 15 February 2012.
  3. Details of the mortgage bonds to be redeemed prior to their maturity:
Mortgage bonds series AL AM
ISIN code LV0000800142 LV0000800159
Number of redeemed mortgage bonds 50 000 38 624
Amount of redeemed mortgage bonds at their face value  
LVL 5 000 000.-		  
LVL 3 862 400.-
 
Date of premature redemption 15 February 2012 15 February 2012

 

         Sandra Eglīte
         Public Relations Specialist of Hipotēku banka
         sandra.eglite@hipo.lv
         tālr.67774244, 26577810
         www.hipo.lv