New Issue: Latvia’s ABLV plans $75 million 1.85% bonds, €20 million 0.7% bonds

By Susanna Moon

Chicago, Dec. 17 – ABLV Bank, AS said it will issue $75 million of 1.85% two-year bonds at par and €20 million of 0.7% two-year bonds.

The bond issue subscription will be open from Jan. 4 until Feb. 15, according to a bank press release.

ABLV is an independent private bank based in Riga, Latvia.

Issuer:	ABLV Bank, AS
Issue:	Bonds
Amounts:	$75 million, €20 million
Maturity:	Feb. 22, 2018
Announcement date:	Dec. 17
Subscription period:	Jan. 4 to Feb. 15
Settlement date:	Feb. 22
Dollar tranche
Coupon:	1.85%
Price:	Par
Yield:	1.85%
Euro tranche
Coupon:	0.7%

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