Byblos Bank To Issue $300Mn Certificates Of Deposit
Lebanese Bank Byblos has announced that it will issue $300mn offive-year Certificates of Deposit (CDs) with the first tranche of $100mn to be issuedsometime in April. The issue will be managed by US investment bank Merrill Lynch andABN-Amro of the Netherlands. Merrill Lynch is also managing Lebanon's 10-year sovereigneurobond issue, whose launch is expected by the end of March (MEES, 24 February). Byblos...