Lebanon launches $2.2 billion notes due in 10, 15 years

By Christine Van Dusen

Atlanta, Feb. 23 – Lebanon launched a $2.2 billion two-tranche offering of notes due in 10 and 15 years, a market source said.

The $800 million 2025 notes launched at 6.2%, at the tight end of talk.

The $1.4 billion notes due 2030 launched at 6.65%, also at the tight end of talk.

Blom Bank, Citigroup and Societe Generale de Banque au Liban are the bookrunners for the Regulation S deal.

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