The Republic of Latvia raises a new EUR 500 million benchmark bond in international capital markets
The Eurobond offering demonstrated the high level of investor interest for the credit of the Republic of Latvia. The transaction attracted an orderbook in excess of EUR 2.6 billion from more than 100 high-quality investors.
The Eurobond offering was mainly allocated to asset managers and bank treasuries, largerly from European countries such as Germany, Austria or the UK.
The Joint Lead Managers were Barclays Bank Ireland, BNP Paribas and Credit Agricole CIB.
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