Byblos completes $100m 10 year offer with innovative income participation rights issue

27 Jun 2002

Lebanon's Byblos Bank has completed a $100m 10 year income participation rights issue. The transaction, via bookrunner JP Morgan and joint lead manager Natexis Banques Populaires, marks the first time an issuer has used this structure in the Middle East. It means that as well as receiving ...

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