TGS Baltic together with „Dentons“ advised the Republic of Lithuania on EUR 1.5 Billion Bond Issuance

20.02.2024 TGS Baltic together with „Dentons“ advised the Republic of Lithuania on EUR 1.5 Billion Bond Issuance

TGS Baltic, together with „Dentons“, have advised the Republic of Lithuania on updating its Euro Medium Term Note Program and successfully issuing EUR 1.5 billion in 3.5% notes due 2034. 

According to „Dentons“, “the notes, which are rated A2 by Moody's, A+ by S&P, and A by Fitch, are listed on the Luxembourg Stock Exchange. The update of the program allows the Republic of Lithuania greater flexibility in accessing the international debt market, meaning it is able to respond quickly to advantageous market conditions.”

Back in 2022, TGS Baltic advised the Republic of Lithuania on borrowing a total of EUR 1.2 billion in international capital markets. To read more, click here.

The TGS Baltic team included partners Vidmantas Drizga and Dalia Augaitė.