VOL. XL No. 185-May-1997
Banque Libano-Francaise Issues $125Mn EuroCD
Banque Libano-Francaise (BLF) has issued $125mn in 5-year Certificates ofDeposit (CDs). The issue, lead-managed by Indosuez, acting through IndosuezCapital Emerging Markets in London and with Credit Suisse First Boston (CSFB)and Merrill Lynch as joint arrangers, is priced at 225bp over equivalent USTreasuries and was raised from $100mn at the last minute due to heavy demand.The issue is the first by BLF, which has...