The Ministry of Finance (MoF) issued U.S. dollar denominated bonds worth $3 billion to repay foreign currency debt maturing throughout the year. The original objective was to raise $1.5 billion.
The bonds were divided into three tranches with maturities set at ten, 15, and 20 years
The issue was managed by four banks: Barclays, Byblos Bank, Societe Generale de Banque au Liban (SGBL), and JPMorgan.
Subscription bids from local and foreign banks and financial institutions hav...
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