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Cobalt Advises Joint Lead Managers on 30-Year Eurobond Issue by Latvia

Cobalt Advises Joint Lead Managers on 30-Year Eurobond Issue by Latvia

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Cobalt has advised joint lead managers Credit Agricole Corporate and Investment Bank, Citi, and Goldman Sachs International on the issue of a 30-year Eurobond by the Republic of Latvia in a total amount of EUR 700 million.

The Eurobond matures on February 19, 2049, with a setting yield at 1.929% and a coupon of 1.875%.  

According to the Treasury of the Republic of Latvia, the order book was oversubscribed and the Eurobond offering was allocated to more than 70 investors, mainly from Europe.

Cobalt’s team was led by Specialist Counsel Edgars Lodzins  

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