By Jennifer Chiou
New York, Oct. 15 - ABLV Bank, AS' announced that it has completed the issue of $25 million of bonds due Oct. 15, 2013 under its second bond offer program.
The bonds bear interest at 1.15% per year.
Under the first bond offer program, the bank issued three series with a total face value of €25 million and $30 million.
Under the second bond offer program, four issues have been made this year with a total face value of €5 million and $95 million.
According to a bank release, ABLV is in the process of offering €15 million and $50 million of bonds under the second program.
The bank said that it will apply to list the bonds under the Nasdaq OMX Riga.
ABLV is the largest independent private bank in Latvia. Questions may be directed to Ilmars Jargans (371 6777 5296 or ilmars.jargans@ablv.com).
| Issuer: | ABLV Bank, AS
|
| Issue: | Bonds
|
| Amount: | $25 million
|
| Maturity: | Oct. 15, 2013
|
| Coupon: | 1.15%
|
| Announcement date: | Oct. 15
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
