Riga, Latvia, 2017-02-23 15:53 CET (GLOBE NEWSWIRE) -- On February 23, 2017, ABLV Bank, AS redeemed straight coupon bonds ABLV FXD USD 230217 (ISIN LV0000801645) and ABLV FXD EUR 230217 (ISIN LV0000801652) issued in 2015. The bonds were redeemed at 100% of the face value, and at the same time last coupon payments under these bonds were made.
The abovementioned bond issues were performed on February 23, 2015. Their respective amount was USD 75 million and EUR 20 million at face value of the bonds. The term of the bond issues was 2 years, and they were included in the 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 39 public bond issues, including the redeemed bonds. Currently, 19 bond issues are included in the Nasdaq Riga list of debt securities.
More information about bonds can be found on our home page www.ablv.com.
Ilmārs Jargans
Head of Public Relations Department
ABLV Bank, AS
Tel.: +371 6777 5296
e-mail: ilmars.jargans@ablv.com