airBaltic prices Eurobond 

Latvian national airline airBaltic has successfully priced a €340 million 14.50% 5.25-year (five years and three months) senior secured bonds.    The airline reports that the transaction was “well received by both the international and local investment communities, as well as the Latvian State”, resulting in a final allocation to more than 100 global institutional investors from more than 20 countries. The final orderbook surpassed €800 million.   The pricing follows an eight-day investor roadshow, during which the airBaltic management team met with a large number of global institutional investors.  “With successfully priced bond issue, airBaltic has strengthened its position in the Baltic region by accessing international