UPDATE 1-Lebanese finance minister proposes Eurobond swap to local banks, ideas still being floated -source
Proposals are still being
floated for Lebanon’s looming Eurobond maturities, including an
idea from the finance minister to swap local banks’ holdings for
new lower-interest bonds and keep paying the debt, a source
familiar with the matter said on Wednesday.
floated for Lebanon’s looming Eurobond maturities, including an
idea from the finance minister to swap local banks’ holdings for
new lower-interest bonds and keep paying the debt, a source
familiar with the matter said on Wednesday.
Posted by Reuters
