Lebanon on verge of debt default, barring last-minute deal – sources
Lebanon looks set to announce on
Saturday it cannot make upcoming dollar bond payments and wants
to restructure $31 billion of foreign currency debt, sources
said, unless a last-minute deal with creditors is found to avoid
a disorderly default.
Saturday it cannot make upcoming dollar bond payments and wants
to restructure $31 billion of foreign currency debt, sources
said, unless a last-minute deal with creditors is found to avoid
a disorderly default.
Posted by Reuters
