Rietumu Bank will perform bonds issue

30 November 2015, 12:00
Rietumu Bank under the Third Bond Offer Program will perform new issue 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 the bonds issues will begin on 4th of December, 2015 and will last till 8th of December, 2015.

The bonds will be issued in USD the following parameters:

7 500 000 USD bonds issue (ISIN : LV0000801975 , USDSN-2 )
Issue size: 7 500 000 USD
Number of bonds: 100
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: 22nd of December, 2015
Maturity date: 22nd of December, 2017.

Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: [email protected]