Vilnius, Lithuania, 2014-12-02 14:41 CET (GLOBE NEWSWIRE) -- On 2 December, 2014, the Bank of Lithuania approved SEB Bank's Base prospectus for issuing non-equity securities (Resolution No. 241-163).
In accordance with the Base prospectus SEB Bank has a right to issue one or several unsubordinated, unsecured and unconvertible issues of non-equity securities with the maturity of less than 1 year as well as of 1 to 10 years.
In accordance with the Base prospectus SEB Bank has a right to issue the following non-equity securities:
coupon bonds;
discount bonds;
reference item linked notes;
investment notes;
structured notes;
any combinations of the above non-equity securities.
The maximum total nominal value of the non-equity securities to be issued in accordance with the Base prospectus shall not exceed EUR 250,000,000 or the equivalent in other currencies.
Considering the fact that the non-equity securities to be issued by SEB Bank may be publicly and/or on the basis of private placement offered in Latvia and in other member states of the European Union, the Base prospectus is drawn up in English.
The issue terms that are not established at the moment of preparation of the Base prospectus shall be defined in the Summary to the Base prospectus and Issue(s), drawn up in English as well as in the language of a country where the offer will take place, and Final Terms of each non-equity securities issue, drawn up in English.
Rolandas Sungaila
Head of Markets Department
(8 5) 268 2436