Lebanon limbers up for second bond exchange
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Emerging Markets

Lebanon limbers up for second bond exchange

Following its jumbo tender in 2009, the Republic of Lebanon has appointed Deutsche Bank, Fransa Invest Bank and Standard Chartered as dealer managers for an offer to exchange Eurobonds maturing next year. The Ministry of Finance has yet to specify which of its four 2012 issues outstanding will be affected, nor a timeline for the deal.

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