AS “Citadele banka” plans to issue new bonds in the amount of up to EUR 250 million. The purpose of the issuance is to meet Minimum Requirement for own funds and Eligible Liabilities (MREL). The issuance is expected to take place by the end of 2021. Proceeds from the offer are to be used by Citadele for its general corporate purposes.

More detailed information will follow after the approval of the prospectus or after the determination that further disclosure is appropriate in accordance with applicable law.

         Nataļja Fokina
         Head of Treasury sector
         Natalija.Fokina@citadele.lv
         Mob.: +371 26424732
         
         Mihails Goļevs
         Head of Financial Institutions Division
         Mihails.Golevs@citadele.lv
         Mob.: +371 26196685