By Rebecca Melvin
Concord, N.H., Sept. 29 – Siauliu Bankas AB priced €75 million 1.047% four-year senior preferred bonds to yield mid-swaps plus 140 basis points, according to a company release on Wednesday.
They are none callable for three years and will be listed on the Nasdaq Baltic Bond list.
They priced under the Siauliu, Lithuania-based lender’s new €250 million EMTN program dated Sept. 27.
The commercial bank is based in Siauliu, Lithuania.
| Issuer: | Siauliu Bankas AB
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| Issue: | Senior preferred bonds
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| Amount: | €75 million
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| Maturity: | Four years
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| Coupon: | 1.047%
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| Spread: | Mid-swaps plus 140 bps
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| Calls: | Non-callable for three years
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| Announcement date: | Sept. 29
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| Settlement date: | Dec. 23
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| Listing: | Nasdaq Baltic
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