No. 56


Regional Finance

Banque Audi Issues $100Mn 5-Year Eurobond

Merrill Lynch said on 16 October that it had successfully lead-managed a $100mn 5-year eurobond issue on behalf of Banque Audi of Lebanon and that it had raised the issue from an initial $75mn because of strong demand from investors. The issue is part of a $200mn Euro-Medium Term Note (EMTN) program that Merrill Lynch has organized on behalf of Banque Audi and follows a $34mn GDR issue for Audi...