Dentons has advised the Republic of Lithuania on the issuance of EUR 1.25 billion 3.875% Notes due 2033, pursuant to the Republic of Lithuania's Euro Medium Term Note Program. Reportedly, TGS Baltic advised the Republic of Lithuania as well while Freshfields Bruckhaus Deringer and Sorainen advised the underwriters.
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 proceeds of the notes will be used for the refinancing of indebtedness and for general funding purposes of the Republic of Lithuania.”
In 2022, Dentons advised the Republic of Lithuania on its EUR 1.2 billion bond issuance (as reported by CEE Legal Matters on November 8, 2022).
The Dentons team included London-based Partners Nick Hayday and Victoria Wyer, Associate Zeeshan Hussain, and Trainee Daniel Kaye.