VOL. XLIII

No. 26

26 June 2000

LEBANON

As The Lebanese Government Plans To Roll Over A $400Mn July Eurobond

The Lebanese Government plans to roll over a $400mn Eurobond issue that matures in July by offering to exchange the paper for a new five-year dollar-denominated Eurobond. Lebanons Ministry of Finance said in a statement on 19 June that the new bond, expected to be issued on or around 30 June, would be available for cash purchases and would pay a risk premium of at least 300bps over US...