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Sorainen and TGS Baltic Advise on Lithuania’s EUR 1.2 Billion Bond Issuance

Sorainen and TGS Baltic Advise on Lithuania’s EUR 1.2 Billion Bond Issuance

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Sorainen has advised Deutsche Bank and JP Morgan on the Republic of Lithuania’s EUR 1.2 billion international capital markets bond issuance. TGS Baltic and, reportedly, Dentons advised the Republic of Lithuania.

The Republic of Lithuania borrowed EUR 1.2 billion, according to Sorainen, by “issuing a new five-and-a-half-year eurobond for EUR 900 million and tapping the ten-year eurobond issued in spring this year for EUR 300 million.”

Back in June, Sorainen, TGS Baltic, and Dentons advised on Lithuania's EUR 650 million bond issuance (as reported by CEE Legal Matters on June 9, 2022). Sorainen, TGS Baltic, and Dentons have also advised on the Republic of Lithuania's earlier issuances, including a EUR 750 million eurobond issuance in 2021 (as reported by CEE Legal Matters on September 15, 2021), a EUR 1.75 Billion eurobond issuance in 2020 (as reported on August 5, 2020), and a EUR 650 million issuance in 2019 (as reported on June 25, 2019).

Sorainen’s team included Country Managing Partner Tomas Kontautas, Partner Indre Sceponiene, Senior Associate Agne Sovaite, and Associate Egle Martinaityte.

TGS Baltic's team included Partner Vidmantas Drizga, Associate Partner Dalia Augaite, Senior Associate Karolina Lapinskaite, and Associate Kotryna Visockyte.