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Vilniaus Bankas issues equity-linked bonds

Dec 09, 2004
Baltic News Service

VILNIUS - Vilniaus Bankas has announced the successful completion of a 20 million litas (5.8 million euro) equity-linked bond issue, the first of its kind in Lithuania.Vilniaus Bankas, which is the country's largest bank by assets and owned by the Swedish financial group SEB, said private individuals purchased 86 percent of the bond issue. "We anticipated that this new investment instrument would attract considerable interest in the market, but its popularity has surpassed our expectations," sai ...

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