Riga, Latvia, 2015-10-16 15:55 CEST (GLOBE NEWSWIRE) -- JSC “Rietumu Banka” under the Third Bond Offer Program will perform two new issues of two-year coupon bonds.
After the settlement, the bonds will be included in regulated market and will be listed on the NASDAQ OMX Riga stock exchange.
The subscription to all of the bond issues will begin on 22nd of October, 2015 and will last till 26th of November, 2015.
The bonds will be issued in USD and EUR with the following parameters:
21 000 000 USD bond issue (ISIN: LV0000801918, USDSN-1)
Issue size: 21 000 000 USD
Number of bonds: 280
Nominal value of one bond: 75 000 USD
Fixed interest rate: 2.25%
Frequency of coupon payment: semi-annually
Initial placementprice: 100% of the nominal value
Issue date: 10th of December, 2015
Maturity date: 10th of December, 2017.
10 000 000 EUR bond issue (ISIN: LV0000801900, EURSN-1)
Issue size: 10 000 000 EUR
Numberof bonds: 200
Nominal value of one bond: 50 000 EUR
Fixed interest rate: 2.00%
Frequency of coupon payment: semi-annually
Initial placementprice: 100% of the nominal value
Issue date: 10th of December, 2015
Maturity date: 10th of December, 2017.
Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: egailisha@rietumu.lv
