Cobalt has advised BNP Paribas, Deutsche Bank, and Erste Group as the joint lead managers of the Republic of Latvia's seven-year Eurobond that raised EUR 600 million at a reoffer yield of 3.138% and a fixed rate coupon of 3%.
According to Cobalt, "the issue saw exceptional investor interest, attracting a final orderbook of nearly EUR 5 billion, the highest ever recorded for a Latvian Eurobond transaction. The transaction was allocated to a diverse group of 140 investors from across Europe, including Germany, Austria, the United Kingdom, Ireland, the Nordic countries, and Switzerland."
The Cobalt team was led by Partner Edgars Lodzins.
