Chicago, June 7 – The Republic of Lithuania (A2/A+/A) priced €1.25 billion of 3 7/8% bonds due 2033, according to a source regarding the Wednesday deal.
The bonds priced at 99.366 to yield 3.953%, or at mid-swaps plus 95 basis points.
Initial price talk was in the mid-swaps plus 115 bps area.
Citigroup (billing and delivery) and Societe Generale were the bookrunners.
The order book was over €4.5 billion.
Proceeds will be used for general budgetary purposes.
| Issuer: | Republic of Lithuania
|
| Amount: | €1.25 billion
|
| Issue: | Bonds
|
| Maturity: | June 14, 2033
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| Bookrunners: | Citigroup (billing and delivery) and Societe Generale
|
| Coupon: | 3 7/8%
|
| Price: | 99.366
|
| Yield: | 3.953%
|
| Spread: | Mid-swaps plus 95 bps
|
| Trade date: | June 7
|
| Settlement date: | June 14
|
| Distribution: | Regulation S
|
| Price talk: | Mid-swaps plus 115 bps area
|
| ISIN: | XS2604821228
|
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