No. 32



Lebanon To Launch $400Mn Eurobond

Lebanon has said that it will come to market to issue another $400mn Eurobond once the3-year bond issued in 1994 matures in October. The bond will not act as a rollover butrather will be issued once the previous bond has been paid. No lead-manager has yet beenchosen for the bond, to be issued under Rule 144A, although Merrill Lynch have so farmanaged four of six bond issues by the Government of Lebanon. Sources in Beirut...