Banks, Estonia, Financial Services, Investments

All of the Bigbank bonds with the ISIN code SE0001993148 with a price equal to the nominal amount of the bonds multiplied by 101.25 percent in accordance with the article 5.4 of terms and conditions of the bond issue. In addition, Bigbank will pay accrued, but unpaid interest up to and including the early redemption date, writes LETA.

Early redemption date will be May 3, 2010. The record date will be April 26, 2010.

As reported, at the end of 2009, consolidated loan portfolio of Estonia-based bank Bigbank totaled 2.053 million kroons, which was 10.3 percent less in comparison with the previous year.

Bigbank is a specialised bank based on the Estonian capital that has branches in Finland, Latvia and Lithuania. The bank also offers its products in Austria and in Germany as cross-border service.