Published on 7/2/2021 in the Prospect News Emerging Markets Daily.
New Issue: Latvia prices €500 million 0% long seven-year notes to yield mid-swaps plus 6 bps
By Rebecca Melvin
New York, July 2 – The Republic of Latvia priced €500 million of 0% notes due Jan. 24, 2029 at 99.977 to yield 0.003%, or a spread over mid-swaps of 6 basis points, according to a market source.
Barclays, BNP Paribas and Credit Agricole CIB were lead managers for the Regulation S notes, which priced on Wednesday.
| Issuer: | Republic of Latvia
|
| Issue: | Notes
|
| Amount: | €500 million
|
| Maturity: | Jan. 24, 2029
|
| Bookrunners: | Barclays, BNP Paribas and Credit Agricole CIB
|
| Coupon: | 0%
|
| Price: | 99.977
|
| Yield: | 0.003%
|
| Spread: | Mid-swaps plus 6 bps
|
| Pricing date: | June 30
|
| Settlement date: | July 7
|
| Distribution: | Regulation S
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
