Published on 12/22/2015 in the Prospect News Emerging Markets Daily.
New Issue: Latvia’s Rietumu Banka issues $7.5 million of 2¼% two-year bonds
By Tali Rackner
Norfolk, Va., Dec. 22 – JSC Rietumu Banka said it issued $7.5 million of 2¼% two-year bonds at par of $75,000 each, according to a notice.
The issue was placed in full.
The bonds will be listed on the Nasdaq OMX Riga stock exchange.
Rietumu is a Riga, Latvia-based commercial bank.
| Issuer: | JSC Rietumu Banka
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| Issue: | Bonds
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| Amount: | $7.5 million
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| Maturity: | Dec. 22, 2017
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| Coupon: | 2¼%, payable semiannually
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| Price: | Par of $75,000 each
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| Settlement date: | Dec. 22
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