Lebanon exchanges US$318.34m of 2016 bonds for new debt

October 30, 2015 3:33 PM

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LONDON, Oct 30 (IFR) - The Republic of Lebanon has exchanged US$318.336m of an outstanding US$750m 8.50% 2016 bond for new debt that comes due in 2024 and 2028, according to a lead.

Lebanon launched a triple-tranche deal on Friday afternoon made up of 2024, 2028 and 2035 maturities.

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