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Published on 11/30/2015 in the Prospect News Emerging Markets Daily.

Latvia to offer new euro-denominated notes

New York, Nov. 30 – Republic of Latvia said it will offer a new issue of euro-denominated notes.

Proceeds from the sale will be used to fund a tender offer for up to $525 million of its $1.25 billion of 2¾% notes due 2020 and $500 million of 5¼% notes due 2021, according to a notice.

The dealer managers for the tender offer are Barclays Bank plc, Goldman Sachs International and J.P. Morgan Securities plc.


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