Lebanon $725 Million Bond Sale Three Times Oversubscribed, Government Says

Lebanon’s sale of $725 million of Eurobonds last week to refinance debt maturing this month was three times oversubscribed, the finance ministry said in an e- mailed statement today.

The sale was managed by Credit Suisse Group AG and Bank of Beirut SAL.

To contact the reporter on this story: Massoud A. Derhally in Beirut, Lebanon at mderhally@bloomberg.net

To contact the editor responsible for this story: Peter Hirschberg at phirschberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.