COBALT advised joint lead managers on issue of EUR 500 million Eurobond by the Republic of Latvia

COBALT advised Barclays Bank Ireland, BNP Paribas and Credit Agricole CIB as joint lead managers on issue of 7-year EUR 500 million Eurobond by the Republic of Latvia, setting a yield at 0.003% and a coupon 0.000%.

The Eurobond offering 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.

Legal assistance to the joint lead managers was provided by COBALT Banking and Finance team led by Specialist Counsel Edgars Lodziņš.