Lebanon launches US$1bn dual tranche bond

April 19, 2016 10:25 AM

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LONDON, April 19 (IFR) - The Lebanese Republic has launched a US$1bn dual tranche bond, according to a lead manager.

The bond is split between a US$700m 2024 tranche paying a yield of 6.65% and a US$300m 2031 tranche yielding 7.00%.

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