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Lebanon plans Eurobond issue
- Lebanon: Sunday, October 18 - 2009 at 11:26
Lebanese caretaker finance minister Mohammad Shatah has said that the country is planning a new Eurobond issue in the coming weeks valued at up to $500m to help service existing debt and subsidize a state-owned power company, the Daily Star has reported. 'It's going to be a limited issue: limited by what the government is authorized to issue without new legislation. There will be one soon ... not exceeding $500 million,' Shatah said.
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StaffSunday, October 18 - 2009 at 11:26 UAE local time (GMT+4)
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