IFLR1000

Republic of Lithuania €1.5 billion dual tranche (0.5% and 1.625%) sovereign bond issue

20/6/2019
Investment grade bond/note issue, Sovereign bond issue
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€ 1.5 billion

$ 1.682 billion

Completed

20/6/2019

Overview:

  • The Republic of Lithuania issued a €1.5 billion dual tranche eurobond.
  • The first tranche was a €650 million 0.5% bond due 2029, the cheapest in the country's borrowing history. The second was a €850 million 1.625% bond due 2049.

Prin Shasiharan - Researcher

Jurisdictions:

United Kingdom
Lithuania

Deal types:

Investment grade bond/note issue
Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy

Firms:
Dentons

Party: Ministry of Finance of the Republic of Lithuania (Issuer)

Lawyer: Nick Hayday

Freshfields Bruckhaus Deringer

Party: JPMorgan Chase (Joint lead manager)

Party: BNP Paribas (Joint lead manager)

Sorainen

Party: BNP Paribas (Joint lead manager)

Party: JPMorgan Chase (Joint lead manager)

Lawyer: Tomas Kontautas

TGS Baltic

Party: Ministry of Finance of the Republic of Lithuania (Issuer)

Lawyer: Vidmantas Drizga

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