By Rebecca Melvin
Concord, N.H., May 27 – The Republic of Lithuania priced €650 million 2 1/8% notes due June 1, 2032 at 98.698, according to Lithuania’s ministry of finance and a syndicate source.
The pricing means the bonds will yield 2.272%, or mid-swaps plus 60 basis points.
Barclays and BNP Paribas were bookrunners of the Regulation S deal for which orderbooks closed in excess of €820 million, including €50 million of joint lead manager interest.
| Issuer: | Republic of Lithuania
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| Amount: | €650 million
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| Issue: | Fixed-rate notes
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| Maturity: | June 1, 2032
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| Managers: | Barclays and BNP Paribas
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| Coupon: | 2 1/8%
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| Price: | 98.698
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| Yield: | 2.272%
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| Spread: | Mid-swaps plus 60 bps
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| Pricing date: | May 25
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| Settlement date: | June 1
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| Distribution: | Regulation S
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| ISIN: | XS2487342649
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