VOL. XLI
No. 41
12-October-1998
LEBANON
Lebanon Raises New $100Mn Eurobond
The Lebanese Governments $350mn seven-year Eurobond issuelaunched on 10 September has now been increased to $450mn with the issue of a new $100mnEurobond on 6 October. The new issue, lead managed by Merrill Lynch, was priced at 436bpsover US Treasuries, slightly more than the 390bps offered on the September issue, andcarries a coupon of 8.73%. Seventy five percent of the issue was underwritten by fourLebanese banks ...
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