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Latvia hires banks for tap and possible 30-year
February 8, 2017 / 2:20 PM / 10 months ago

Latvia hires banks for tap and possible 30-year

Feb 8 (IFR) - The Republic of Latvia has mandated Deutsche Bank, Goldman Sachs and Societe Generale to lead manage a tap of its outstanding euro-denominated 0.375% notes due October 2026, according to a lead.

In addition, the issuer will explore the possibility of a 30-year tranche, subject to investor feedback.

The issue is expected to be launched in the near future.

Latvia is rated A3/A-/A- (all stable). (Reporting by Robert Hogg; editing by Sudip Roy)

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