VOL. XL No. 2126-May-1997


Bank Of Beirut In $50Mn Three-Year Bond Issue

Banque Paribas and Beirut-based Middle East Capital Group are acting as jointlead managers for Bank of Beirut's $50mn three-year bond issue. The bond matureson 5 June 2000 and is priced at 250bp over equivalent US Treasuries. The bondwill yield an 8.875% interest to be paid semi-annually.