State-owned Lietuvos Energija has completed the issue of its debut Reg S €300 million green bond.
It was issued under the company's €1 billion EMTN programme.
Desire for the bond exceeded initial expectations - where the company had originally planned to issue €200 million - and thanks to the over-subscription it was able to print a €300 million bond from a €1.4 billion book.
The issue was given the highest green designation by the Center for International Climate Research.
BNP Paribas acted as arranger and dealer with SEB acting as dealer.
Jon Moore - Journalist
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