LT: Lithuania borrows EUR 145mn in Swiss franks.

By bne IntelliNews September 20, 2012
Lithuanian state issued bonds in amount of LTL 500mn (EUR 145mn) in CHF, which is the first time in Lithuanian history to raise money in this currency. Maturity of the bond is 5 years, with annual coupon of 2%. Ingrida Simonyte, Minister of Finance, indicated that results of the issue shows investors trust and opens new financial markets for Lithuania. Underwriters of the deal were Credit Suisse and BNP Paribas banks. The proceeds will be used to buy out EUR 1.0bn emission, which matures in March of 2013.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Follow Us On

Most Read

  1. Saudi Arabia to scale back plans for Neom city
    6 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. Iran vs Israel: Who is better equipped for war?
    2 days ago
  4. The ruble overtakes the yuan as Russia's main currency for settling international trade deals
    7 days ago
  5. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    17 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    21 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    26 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    19 days ago

Reports

Dismiss