By Susanna Moon
Chicago, March 27 - Latvenergo AS said it priced €20 million of additional 2.8% notes due 2017 at 101.5492% of par to yield 2.6167%.
The company said on March 19 that it issued the add-on in response to "high investor interest."
As noted before, the notes will be consolidated and form a single series with the €20 million of notes issued on Dec. 19 and the €30 million of notes issued on Jan. 30, for a total deal size of €70 million.
Latvenergo is the largest power supply merchant in Riga, Latvia.
| Issuer: | Latvenergo AS
|
| Issue: | Notes add-on
|
| Amount: | €20 million
|
| Maturity: | Dec. 15, 2017
|
| Coupon: | 2.8%
|
| Price: | 101.5492
|
| Yield: | 2.6167%
|
| Announcement date: | March 19
|
| Issue date: | March 21
|
| Pricing announcement: | March 27
|
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