Lithuania picks banks for bond

09 Jan 2013

The Republic of Lithuania has mandated Barclays and Citi to arrange a Eurobond.

Lithuania is rated Baa1 by Moody’s and BBB by Standard & Poor’s and Fitch.

It has only one public bond maturing this year — its €1bn 4.5% May 2013.

Lithuania accessed the international bond markets twice in 2012, first with $1.5bn 6.625% 2022s placed by Barclays and BNP Paribas ...

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