Lithuania sets pricing for euro-denominated benchmark 30-year notes at mid-swaps plus 65 bps

By Rebecca Melvin

New York, July 21 – The Republic of Lithuania set the yield spread for a euro-denominated 30-year benchmark offering of notes at mid-swaps plus 65 basis points, according to a market source on Tuesday.

The spread was tightened from early guidance of mid-swaps plus 80 bps to 85 bps.

The order book stood in excess of €6 billion at the tight end of guidance.

BNP Paribas (billing and delivery), Citigroup and Erste Group are lead managers and bookrunners of the Regulation S deal.

© 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.