VOL. XL No. 1912-May-1997


Byblos Bank Sets $100Mn Five-Year Bond

Joint lead-managers US investment bank Merrill Lynch and ABN-Amro of theNetherlands have announced that Lebanese Byblos Bank will issue a $100mnfive-year Eurobond. The bond, which matures on 21 May 2002 and has a spread of220bp, is the first tranche of a $300mn Global Deposit program which has beenset up for Byblos Bank by the co-lead managers (MEES, 10 March). Bankers atMerrill Lynch told MEES that a Global Deposit...