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Beirut Eyes LNG Import Decision, Touts Reserves
...e Lebanese daily al-Nahar reported on 14 March. The first tranche of the issue will mature in 2016 or 2017, while the second will run until 2026. The ministry needs to refinance maturing Eurobond debt in 2012. Lebanon remains one of the most highly indebted countries in the world with a debt/GDP ra...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Debt Swap In Eurobonds Sustained Lebanon’s Sovereign Rating, Moody’s Reports
...tings, said Moody’s Investors Service on 16 March. The exchange, which had a total face value of $2.3bn for longer-dated foreign currency bonds set to mature in 2012 and 2017, is not classified as a ‘distressed exchange’ by the rating agency. Moody’s changed the outlook on Lebanon’s low B3 sovereign ra...
Volume: 52Issue: 12Published at Mon, 23 Mar 2009