The Republic of Lithuania: A Growing Economy

Stabilisation Notice from HSBC

PARIS, Aug. 22, 2024 (GLOBE NEWSWIRE) — The Republic of Lithuania Post Stabilisation Notice HSBC hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Issuer: The Republic of Lithuania
Guarantor (if any): N/A
Aggregate nominal amount: EUR 1,000,000,000
Description: 3.5% due 3rd July 2031
Offer price: 98.895
Stabilising Manager: HSBC Continental Europe

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction. This information is provided by RNS, the news service of the London Stock Exchange.

The Growing Economy of Lithuania

Lithuania has been experiencing significant economic growth in recent years, becoming one of the fastest-growing economies in the European Union. The country’s stable political climate, skilled workforce, and strategic location make it an attractive destination for foreign investors.

The issuance of securities by the Republic of Lithuania shows confidence in the country’s economy and investment opportunities. The 3.5% due in 2031 indicates a positive outlook for the future, with investors willing to commit to long-term prospects in Lithuania.

HSBC, as the Stabilising Manager, plays a crucial role in ensuring the smooth operation of the securities market. Their decision not to undertake stabilisation reflects the stability and strength of the Lithuanian economy.

Effects on Individuals

For individuals, this announcement may not have an immediate impact. However, a growing economy in Lithuania could lead to increased job opportunities, higher wages, and overall economic prosperity. It could also attract more foreign investment, potentially leading to improved infrastructure and development in the country.

Effects on the World

In a global context, the growth of Lithuania’s economy is positive news. As a member of the European Union, Lithuania’s economic success contributes to the overall stability and strength of the EU. It also provides a successful model for other emerging economies to follow, showcasing the potential for growth and development in the region.

Conclusion

The Republic of Lithuania’s issuance of securities and HSBC’s role as Stabilising Manager demonstrate confidence in the country’s growing economy. This announcement not only highlights Lithuania’s potential as an attractive investment destination but also showcases the country’s commitment to long-term economic stability and prosperity.