Sorainen and Clifford Chance Advise Joint Managers on Republic of Estonia EUR 500 Million Bond Tap

"Sorainen, working with Clifford Chance, advised joint managers Erste Group Bank, J.P. Morgan and Societe Generale on a EUR 500 million tap issuance of Republic of Estonia government bonds under its Euro Medium Term Note Program due January 2034. The additional bonds were listed on Euronext Dublin, drew orders from 104 investors totalling about EUR 3.5 billion, and were priced to yield 3.181% p.a."

Sorainen, together with Clifford Chance, advised joint managers Erste Group Bank, J.P. Morgan and Societe Generale in connection with a EUR 500 million tap issuance of government bonds by the Republic of Estonia under its Euro Medium Term Note Program, due January 2034. The transaction comprised a EUR 500 million tap issue of Estonian government bonds maturing in January 2034 under the issuer’s Euro Medium Term Note Program. The additional bonds were listed on Euronext Dublin. Investor demand was strong: 104 investors placed orders totalling approximately EUR 3.5 billion. The tapped bonds were priced to yield an average of 3.181% per annum. Sorainen represented the joint managers Erste Group Bank, J.P. Morgan and Societe Generale with a team composed by: Partner Katlin Krisak; Senior Associate Oliverer Amarik. Clifford Chance represented the joint managers Erste Group Bank, J.P. Morgan and Societe Generale.

Sorainen and Clifford Chance Advise Joint Managers on Republic of Estonia EUR 500 Million Bond Tap

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