Middle East Economic Survey
VOL. LII
No 49
7-Dec-2009
Lebanon
Strong Market Appetite For Lebanon’s $500Mn Eurobonds
Lebanon’s new Finance Minister Raya Haffar al-Hasan said on 3 December that the government had “outstanding results” with its $500mn Eurobond issue to refinance public debt, which was oversubscribed. The issue went ahead despite the market jitters surrounding sovereign debt in the Middle East after Dubai World requested a debt standstill at the end...
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