Latvia priced a new 5 year Eurobond benchmark in international capital markets

The Republic of Latvia has successfully issued a new long-5 year Eurobond, raising EUR 1 billion with a reoffer yield of 2.971% and a coupon of 2.875%.

The issue saw exceptional investor interest, attracting a final orderbook of EUR 3.3 billion.

The transaction was allocated to 90 investors from across Europe, including Germany, the United Kingdom, the Nordics, and the Benelux, among others. The Joint Lead Managers for the deal were BNP Paribas, Goldman Sachs Bank Europe SE and JP Morgan.

Legal assistance to the joint lead managers was provided by COBALT Banking and Finance Partner Edgars Lodziņš and Senior Associate Krišjānis Bušs.

Official announcement.