Latvia hires three for euro new issue and tender

Latvia flag source Fotolia 230x150
By Francesca Young
01 Dec 2015

Latvia has named its banks to arrange a euro-denominated new issue and manage a concurrent tender offer for the country’s 2020s and 2021s.

The sovereign has lined up Barclays, Goldman Sachs and JP Morgan to run the trades and is offering to repurchase up to a total of $525m of its $1.25bn 2.75% 2020s and $500m 5.25% 2021s. A maximum purchase spread ...

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