By Rebecca Melvin
New York, July 21 – The Republic of Lithuania priced €1.75 billion 30-year senior notes on Tuesday at 96.27 to yield 0.637%, or a yield spread of 65 basis points over mid-swaps, according to a market source.
The spread was tightened from early guidance at 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.
| Issuer: | Republic of Lithuania
|
| Issue: | Senior notes
|
| Amount: | €1.75 billion
|
| Maturity: | July 28, 2050
|
| Bookrunners: | BNP Paribas, Citigroup and Erste Group
|
| Coupon: | ½%
|
| Price: | 96.27
|
| Yield: | 0.637%
|
| Spread: | Mid-swaps plus 65 bps
|
| Pricing date: | July 21
|
| Settlement date: | July 28
|
| Distribution: | Regulation S
|
| Price talk: | Early guidance of mid-swaps plus 80-85 bps
|
|
|
© 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.
