ExpressCredit decreases bond nominal value for EUR 250 000



According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 27/02/2017 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 350.

According to bond issues prospectus ISIN LV0000801280, 5 000 bonds were issued with an original nominal value of 1 000 euros. Yearly interest rate of the coupon is 14% with a 5 year term and gradual repayment of the nominal value.

This news release was distributed by GlobeNewswire, – a Nasdaq company


ExpressCredit boost revenues by 25% and issues bonds worth 5 million euro



SIA ExpressCredit operates under the brands Banknote and Rīgas pilsētas lombards has reached the greatest performance indicators of all times in the 3rd quarter of 2016. Amount of the consumer credits provided by the company has reached EUR 8.33 million in the 3rd quarter representing 26% over the indicator of the relevant period in 2015. Along with the increase of amount of the granted loans, amount of revenue reached EUR 3 million in the 3rd quarter representing 5% over the indicator of the relevant period in 2015 and 25% over the indicator of the 1st quarter of 2016.

Agris Evertovskis, Chairman…



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