Lithuania Successfully Priced Offering of EUR 400 mn
OREANDA-NEWS. February 06, 2013. SORAINEN advised the Ministry of Finance of the Republic of Lithuania on matters of Lithuanian law related to the issue of EUR 400 million 4.85 per cent Notes (the “Further Notes”) that will be consolidated and form a single series with the EUR 1 billion 4.85 per cent Notes due 2018 that were issued on 29 October 2007 and re-opened on 24 April 2012, reported the press-centre of SORAINEN.
The Further Notes will be issued at a yield of 2.631 per cent and at an issue price equal to 110.27 per cent of their face value. The transaction was lead-managed by Barclays and Citigroup.
The client was advised by partner Tomas Kontautas, senior associate Augustas Klezys and associate Agne Sovaite.
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