Cobalt Advises Joint Lead Managers on EUR 850 Million Republic of Latvia Eurobond Issuance

Cobalt Advises Joint Lead Managers on EUR 850 Million Republic of Latvia Eurobond Issuance

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Cobalt, working with Clifford Chance, has advised joint lead managers Citi, Deutsche Bank, Erste Group, and Nomura on the EUR 850 million issuance of 4-year eurobonds by the Republic of Latvia. Allen & Overy reportedly advised the Republic of Latvia.

According to Cobalt, the "eurobond issuance benefitted from a strong order book of over EUR 2.1 billion and interest from more than 80 investors. Bonds were allocated mainly to investors from European countries, for example, Germany, Austria, the Nordic countries, Switzerland, Benelux, and others."

The Cobalt team was led by Partner Edgars Lodzins.