Middle East Economic Survey
VOL. LIV
No 21
23-May-2011
Lebanon
Lebanon Issues New Eurobonds To Refinance Maturing Debt
Caretaker Lebanese Minister of Finance Raya al-Hasan has confirmed that her ministry has mandated Byblos Bank, Fransabank and HSBC to lead manage a refinancing of a Eurobond issue of $1bn maturing in mid- May. Speaking to the Arabic daily al-Hayat of 17 May, the minister said that she expected the deal to close by the end of last week. The issue will be offered to local and...
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