Lietuvos Energija bonds are a historic step in history of Lithuanian finance

Company Lietuvos Energija today announced it will market a EUR 200-million-euro issue of bonds with a maturity of 7-10 years. The international credit-rating agency S&P gave the Lietuvos Energija bonds a high investment-grade rating of BBB+, i.e., just one step below the Lithuanian state’s rating. Lietuvos Energija is issuing so-called “green bonds”, the proceeds of which will be used for investments in green power development.