Latvia Issues 600 Million Euros in New January 2032 Notes — Update
Provided by
Dow Jones
By Emese Bartha
Latvia issued 600 million euros ($668.1 million) in new January 2032-dated notes via a bank syndicate on Tuesday, one of the lead manager banks said.
Books closed above 5.2 billion euros, including 70 million euros in joint lead-manager interest, while the spread on the new debt was set 80 basis points above mid-swaps, the same bank said. The new note has a 3.00% coupon and was priced at 99.119, at a yield of 3.138%, the bank said.
Lead managers of the deal are BNP Paribas, Deutsche Bank and Erste Group.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
September 17, 2024 10:42 ET (14:42 GMT)
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