VOL. XL

No. 39

29-September-1997

LEBANON

Lebanon's Fransabank To Launch $300Mn Eurobond

An official of Lebanon's Fransabank said last week that the bank is to start launchinga $300mn Eurobond program with Merrill Lynch, with a first tranche of between $100mn and$125mn due to be issued by the end of October. A road show for this tranche will start on2 October in the US, Europe and the Middle East. Fransabank will be the sixth Beirut bankto issue Euronotes since Lebanese banks started tapping the...