VOL. XLI
No. 14
6-April-1998
LEBANON
Lebanon Launches $1Bn Eurobond Issues
Lebanon last week completed the issue of two Eurobonds totalling $1bn, lead managed byFrance's Paribas. "The issue is the largest in the Mideast and the largest in theemerging markets since the Southeast Asian crisis," a source told MEES. Thetwo bonds of $500mn each and with three and five-year maturities are part of the LebaneseGovernment's plan to convert $2bn worth of high-interest debt in local currency into...
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