Dentons and TGS Baltic have advised the Republic of Lithuania on the issuance of EUR 650 million 0.500% Notes due 2029 and EUR 850 million 1.625% Notes due 2049. BNP Paribas and J.P. Morgan were the Joint Lead Managers on the issuance. Freshfields Bruckhaus Deringer was international counsel and Sorainen acted as Lithuanian counsel to the underwriters.
The issuance was pursuant to the Republic of Lithuania's Euro Medium Term Note Programme listed on the Luxembourg Stock Exchange. The Notes are rated A3 by Moody’s, A by Standard & Poor’s, and A- by Fitch Ratings.
The Dentons team included Partner Nick Hayday, Associates Moeen Qayum and Kathryn Finch, and Trainee Gemma Dreelan.
The TGS Baltic team included Partner Vidmantas Drizga, Associate Partner Mantas Gofmanas, and Associate Goda Drasute.
The Sorainen team included Partner Tomas Kontautas and Senior Associates Agne Sovaite and Dalia Augaite.