Bankers across the market hailed Lithuania’s return in euros on Wednesday as a signal success after the sovereign achieved more than eight times oversubscription for a tightly priced €500m 10 year.
“The timing was right, the tenor was right and the price was right,” said one syndicate official away from the deal. “It was a perfect transaction.”
Nick Darrant, head of CEEMEA syndicate at BNP Paribas in London, agreed
. “Lithuania has been a more frequent visitor to the