Lebanon leverages off domestic bid to raise $1bn

April 06, 2001 12:00 am

The Republic of Lebanon launched a $1bn five year Eurobond on Friday, but BNP Paribas — sole bookrunner alongside joint leads ABN Amro and Salomon Smith Barney — had to lean heavily on the republic’s domestic banking sector to get away a deal $400m larger than initial talk.

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Lebanon leverages off domestic bid to raise $1bn

The Republic of Lebanon launched a $1bn five year Eurobond on Friday, but BNP Paribas — sole bookrunner alongside joint leads ABN Amro and Salomon Smith Barney — had to lean heavily on the republic’s domestic banking sector to get away a deal $400m larger than initial talk.

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