January 28, 2013 / 9:06 AM / in 5 years

Lithuania to tap EUR-denominated 2018 Eurobond

LONDON, Jan 28 (IFR) - The Republic of Lithuania, rated Baa1/BBB/BBB, plans to tap its euro-denominated 4.85% Eurobond due February 2018 to raise up to EUR400m, according to market sources.

Initial price thoughts for the issue are in the area of 140bp over mid-swaps.

Barclays and Citigroup are the lead managers on the transaction, which is expected to price today. The size of the outstanding bond is EUR1bn. (Reporting by Davide Scigliuzzo; Editing by Sudip Roy)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below