New Issue: Latvia prices €600 million 0.25% sustainability bonds due January 2030

By Rebecca Melvin

Concord, N.H., Dec. 7 – The Republic of Latvia priced €600 million 0.25% notes due Jan. 23, 2030 at 99.896 to yield 0.263% or a spread over mid-swaps of 25 basis points, according to a market source.

BNP Paribas and Credit Agricole CIB acted as joint sustainability structuring advisers of the Regulation S transaction and were joint bookrunners together with Barclays.

Issuer:	Republic of Latvia
Issue:	Sustainability bonds
Amount:	€600 million
Maturity:	Jan. 23, 2030
Bookrunners:	Barclays, BNP Paribas and Credit Agricole CIB
Sustainable assessor:	ISS ESG
Coupon:	0.25%
Price:	99.896
Yield:	0.263%
Spread:	Bunds plus 75.8 bps
Pricing date:	Dec. 6
Settlement date:	Dec. 13
Distribution:	Regulation S
ISIN:	XS2420426038

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