Lebanon Eurobond Oversubscribed At $1.1Bn
Lebanon, rated B1/B/B, successfully closed its $1.1bn Eurobond on 11 April. The oversubscribed sovereign bond, which was originally set at $1bn, was issued in two tranches – $600mn due 27 January 2023 at a reoffer price of 98.892 to yield 6.15% and $500mn due 29 November 2027 at a reoffer price of 100.451 to yield 6.7%, a lead banker has said. The latest issue will thus raise the outstanding amount of the...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!