Financial Services, Lithuania, Loan
International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 04:39
Lithuania borrows EUR 1.75 bn
That's Lithuania's second issue this year after the
government borrowed 2 bn euros in April.
"I am glad that not only we have reached an agreement
among the EU member states that will allow for the transformation of
Lithuania’s economy but also we took advantage of favorable market conditions
to issue a Eurobond at record low yield. It confirms that Lithuania is
considered to be a responsible and trustworthy partner," Finance Minister Vilius
Sapoka said in a statement.
The funds will be used for general financing purposes,
including the USD 1.35 bn Eurobond redemption in 2021.
The bonds have been issued at a yield of 0.637 per cent and
issue price equal to 96.27 per cent of their face value. The settlement for the
Bonds will take place on 28 July 2020. The Eurobonds will mature on 28 July
2050.
The transaction was lead-managed by BNP Paribas, Citi
and Erste Group.
In late April, Lithuania issued two new Eurobonds and
borrowed a total of 2 bn euros. The 5-year bonds attracted 750 million euros,
and the 10-year bonds attracted 1.25 bn euros.
- 25.01.2021 Как банкиры 90-х делили «золотую милю» в Юрмале
- 29.12.2020 В Rietumu и в этот раз создали особые праздничные открытки и календари 2021
- 29.12.2020 Linde Gas открывает завод в Кедайняйской СЭЗ
- 29.12.2020 Lithuanian president signs 2021 budget bill into law
- 29.12.2020 Президент Литвы утвердил бюджет 2021 года
- 28.12.2020 Рынок недвижимости Эстонии осенью начал быстро восстанавливаться
- 28.12.2020
- 28.12.2020 Tartu to support students' solar car project
- 28.12.2020 New Year Cards and Calendars of Rietumu Bank presented
- 23.12.2020 LTG Infra gets green light to build Rail Baltica section from Kaunas to Latvian border