New Issue: Lithuania prices $750 million 6 1/8% notes due 2021 to yield 6 3/8%

By Christine Van Dusen

Atlanta, March 2 - The Republic of Lithuania priced $750 million 6 1/8% notes due March 9, 2021 (Baa1/BBB/BBB) at 98.172 to yield 6 3/8%, or Treasuries plus 294 basis points, a market source said.

Price talk was set at the 6½% area.

BNP Paribas and JPMorgan were the bookrunners for the Rule 144A and Regulation S deal.

Issuer:	Republic of Lithuania
Amount:	$750 million
Maturity:	March 9, 2021
Description:	Notes
Bookrunners:	BNP Paribas, JPMorgan
Coupon:	6 1/8%
Price:	98.172
Yield:	6 3/8%
Spread:	Treasuries plus 294 bps
Trade date:	March 2
Settlement date:	March 9
Ratings:	Moody's: Baa1
	Standard & Poor's: BBB
	Fitch: BBB
Distribution:	Rule 144A and Regulation S
Price talk:	6½% area

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