Middle East Economic Survey
VOL. XLVII
No 35
30-August-2004
LEBANON
CAPITAL MARKETS
Lebanon Undertakes Debt Swap With New Eurobond Issue
Lebanon has swapped a portion of three bonds worth $2.3bn which fall due in 2005 with a new issue of Eurobonds which will be due in March 2010 and September 2012. The maturing bonds, are worth $1bn, $850mn and $450mn and carry interest at 10.25%, 9.375% and 8.75% respectively. Bond holders were able to swap their original bonds on a voluntary basis for new bonds or...
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!