Middle East Economic Survey
VOL. XLVIII
No 42
17-October-2005
LEBANON
Lebanon Issues $750Mn Eurobond
Lebanon on 7 October issued a $750mn 10-year Eurobond with a coupon of 8.5%, lead managed by two local banks, Bank Audi and Banque de la Méditerrannée, and Citigroup. The new issue, which was originally planned for $500mn only, was oversubscribed to the tune of $1bn. The dollar-dominated bond, rated B- by Standard & Poors and Fitch, and B3 by Moodys, will be listed in Beirut and Luxembourg. Last...
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!