Latvenergo Successfully Issues EUR 300 Million 7-Year EU Green Bond
June 25, 2026
Today, Latvenergo AS has successfully issued EUR 300 million 7-year EU Green Bond with a 4.162% coupon (Final Terms attached). As previously reported, the transaction was executed on 16 June 2026 with more than 90 investor participation in the final book, and total demand 6.7 times bigger than targeted amount, reaching above EUR 2 billion ahead of final pricing. More than two-thirds of notes were allocated to sustainability-oriented investors.
The bond issue has been assigned a Baa2 rating by Moody’s Rating, consistent with the company’s credit rating.
Classified as European Green Bonds, the proceeds will be allocated to EU Taxonomy-aligned projects in accordance with the European Green Bond Factsheet. This transaction further highlights Latvenergo’s ongoing dedication to sustainable financing and its strategic role in driving the long-term transition toward a greener energy system.
The allocation by investor type and geography is provided below:
The notes are admitted to trading on the regulated market of the Luxembourg Stock Exchange (Bourse de Luxembourg) and will be admitted to the regulated market of AS Nasdaq Riga.
DISCLAIMER
The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") and may not be offered, sold, pledged or otherwise transferred in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
Please note that the information contained in the Final Terms and the base prospectus dated 30 October 2025 relating to the Programme, (the "Base Prospectus") may be addressed to and/or targeted at persons who are residents of particular countries (as specified in the Final Terms or the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the respective offers contained in the Final Terms and Base Prospectus is not addressed. Prior to relying on the information contained in the Final Terms or Base Prospectus you must ascertain from the Final Terms or Base Prospectus whether or not you are part of the intended addressees of the information contained therein.