No. 37



Credit Libanais In $60Mn Bond

Issue Merrill Lynch International is to launch a first eurobond on behalf of Credit Libanais, which is one of the larger Lebanese banks and 97% owned by the Banque du Liban, the Lebanese central bank. The issue will be the first on behalf of a bank in Lebanon and the second on behalf of a Lebanese corporate. Because of the small size of the domestic banking system and the embryonic state of the reopened Beirut Stock...