Prospectus and related information
By accessing, downloading, reading or otherwise making available to yourself any content of the Base Prospectus and any Final Terms you confirm that you have read, understand and agree to comply with all of the restrictions set forth below and that your country of residence and current location is not the United States of America, Australia, Canada, Hong Kong or Japan or any other jurisdiction in which distribution or publication of the Base Prospectus and any Final Terms is unlawful.
The distribution of the Base Prospectus and any Final Terms and the offering, sale and delivery of the Notes issued under the Programme in certain countries is restricted by law. Any person residing outside the Republic of Latvia and the Republic of Lithuania may receive the Base Prospectus only within the limits of applicable special provisions or restrictions. Akciju sabiedrība “Attīstības finanšu institūcija Altum” (“ALTUM”) requires persons into whose possession the Base Prospectus or any Final Terms comes to inform themselves of and observe all such restrictions. The Base Prospectus and any Final Terms may not be distributed or published in such countries or jurisdictions or otherwise in such circumstances in which it would be unlawful or require measures other than those required under the laws of the Republic of Latvia, including the United States of America, Australia, Canada, Hong Kong and Japan. Neither the Base Prospectus nor any Final Terms constitute an offer to sell or a solicitation of an offer to buy the Notes issued under the Programme in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. ALTUM or its representatives and AB SEB bankas (the “Arranger of the Programme” and the “Issuing Agent”) do not accept any legal responsibility for any such violations, whether or not a prospective purchaser of the Notes is aware of such restrictions. The Notes issued under the Programme have not been and will not be registered in accordance with the U.S. Securities Act of 1933 (the “Securities Act”) or under the securities laws of any state of the United States of America and, accordingly, they may not be offered, sold, resold, granted, delivered, allotted, taken up, transferred or renounced, directly or indirectly, in or into the United States of America, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any securities laws of any state of the United States of America.
The issues of Notes under the Programme shall be governed by the laws of the Republic of Latvia. No action has been taken by ALTUM in any jurisdiction that would permit offering of the Notes issued under the Programme other than in the Republic of Latvia and the Republic of Lithuania. Unless specifically otherwise stated in the Base Prospectus, the Notes issued under the Programme may not be, directly or indirectly, offered, sold, resold, transferred or delivered in such countries or jurisdictions or otherwise in such circumstances in which it would be unlawful or require measures other than those required under Latvian laws, except for the exceptions to registration obligation allowed by the securities laws of the United States of America and its states, Australia, Canada, Hong Kong and Japan. The Base Prospectus and any Final Terms may not be delivered to any person in the above-mentioned countries. ALTUM, the Arranger of the Programme and the Issuing Agent requires persons into whose possession the Base Prospectus or any Final Terms comes to inform them of and observe all such restrictions. ALTUM, the Arranger of the Programme and the Issuing Agent do not have any legal responsibility whatsoever for such violations whether or not such restrictions were known to prospective investors. ALTUM, the Arranger of the Programme and the Issuing Agent reserves the right to, respectively, at its sole discretion reject subscription to the Notes issued under the Programme, which the ALTUM, the Arranger of the Programme and/or the Issuing Agent believes would cause the violation or breach of any law, rule or regulation for the time being in force.
FCMC, on 5 September 2017, Registered Base Prospectus to Bonds of JSC “Development Finance Institution Altum”
The Board of the Financial and Capital Market Commission (FCMC) has taken a decision to register the Base Prospectus to Bonds of JSC “Development Finance Institution Altum” thus deciding that JSC “Development Finance Institution Altum” is entitled to make the public offer of the bonds in total value of EUR 30,000,000 (thirty million euro) pursuant to the relevant Base Prospectus to Bonds.
Disclaimer
THIS COMMUNICATION IS NOT DESIGNED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO SUCH COUNTRIES OR JURISDICTIONS IN WHICH IT WOULD BE UNLAWFUL OR REQUIRE MEASURES OTHER THAN THOSE REQUIRED UNDER LATVIAN LAWS, INCLUDING THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG AND JAPAN.
RE: Placement of Notes
Words and expressions defined in the Base Prospectus of First Programme for the Issuance of Notes in the Amount of EUR 30,000,000 of ALTUM dated 30 August 2017 (the „Base Prospectus“) have the same meanings in this announcement.
ALTUM in accordance with Clause 6.4. of Section „Placement of Notes“ of the Base Prospectus hereby announces that as a result of placement of the Notes of first tranche of first series in accordance with the Final Terms dated 5 October 2017 the following characteristics have been set to the Notes:
- Series Number: 1
- Tranche Number: 1
- Aggregate principal amount: EUR 20,000,000
- Number of Notes: 20,000
- Nominal amount of the Note: EUR 1,000
- Annual Interest Rate: fixed, 1.3%
- Yield to Maturity: 1.367%
- Issue Price: EUR 995.556 per one Note
- Issue Date: 17 October 2017
- Maturity Date: 17 October 2024
- ISIN code: LV0000802353
Disclaimer
This communication is not an offer to sell or a solicitation of an offer to buy the Notes issued under the Programme in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. Akciju sabiedrība “Attīstības finanšu institūcija Altum” or its representatives and AB SEB bankas do not accept any legal responsibility for any such violations, whether or not a prospective purchaser of the Notes is aware of such restrictions. The Notes issued under the Programme have not been and will not be registered in accordance with the U.S. Securities Act of 1933 (the “Securities Act”) or under the securities laws of any state of the United States of America and accordingly, they may not be offered, sold, resold, granted, delivered, allotted, taken up, transferred or renounced, directly or indirectly, in or into the United States of America, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any securities laws of any state of the United States of America