Banks, Financial Services, Legislation, Lithuania
International Internet Magazine. Baltic States news & analyticsThursday, 09.09.2010, 16:00
Securities Commission approved Lithuania’s SEB's prospectus for issuing non-equities
Danuta Pavilenene, BC, Vilnius, 08.02.2010.
Print version
Print versionLithuanian Securities Commission approved on February 4, 2010, appendix to SEB Bank's Base prospectus of 1.5 billion litas for issuing non-equities (the move was approved on October 1, 2009), SEB reported to the Stock Exchange.
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Amendments stated in the Appendix are related to the information about taxes, deducted from income received from securities, reports LETA/LETA.
In the Appendix there are also a few possibilities defined allowing the Bank to: indicate in the final terms of any issue a separate category of investors whom the specific issues of securities could be offered; shorten the subscription period of unlimited size issues of zero coupon and coupon bonds; issue a zero coupon or coupon bond issue that could be joined to the previously issued and still outstanding bond issue of the same type.
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