VOL. XLIV

No. 15

9-APRIL-2001

LEBANON

Lebanon To Offer $600Mn Five-Year Eurobonds And $300Mn 15-Year Treasury Bonds

Lebanon announced on 30 March that it planned to launch a $600mn, five-year Eurobond issue with a fixed coupon of 9.75%. According to the Minister of Finance, Fuad Siniora, BNP Paribas, ABN-Amro and Citicorp will co-manage the issue and the funds will be used to cover $500mn in fixed debt obligations that mature at the end of April. The remaining $100mn will be used to cover a...