Republic of Latvia €650 million dual tranche (1.148% and 1.938%) sovereign bond issue

31/5/2018
Sovereign bond issue

€ 650 million

$ 725.182 million

Announced

31/5/2018


Overview:

  • The Republic of Latvia has issued a dual tranche bond worth €650 million.
  • A 10-year Eurobond with a size of €350 million was issued at a yield 1.148 %, as well as a 30-year Eurobond maturing in February 2047 was reopened at a yield 1.938 % increasing the outstanding amount by €300 million.

Prin Shasiharan - Researcher

Jurisdictions:

United Kingdom
Latvia

Deal type:

Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Social infrastructure


Firms:

Party: Republic of Latvia (Issuer)


Party: JP Morgan Chase (Joint lead manager)

Party: Citigroup Global Markets (Joint lead manager)

Party: Natixis (Joint lead manager)


Party: JPMorgan Chase (Joint lead manager)

Party: Citigroup Global Markets (Joint lead manager)

Party: Natixis (Joint lead manager)