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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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EIB offers $303 million in credit lines to four banks. Funds target SMEs and mid-cap companies

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The European Investment Bank (EIB) has granted credit lines to four local banks with a combined value of 265 million euros ($303 million). The funds will be used to finance small and medium enterprises (SMEs) and mid-cap companies.

The benefi….
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$3 billion bonds issued to repay maturing debts. Oversubscribed six times

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The Ministry of Finance (MoF) issued U.S. dollar denominated bonds worth $3 billion to repay foreign currency debt maturing throughout the year. The original objective was to raise $1.5 billion.

The bonds were divided into three tranches with….
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A $750 million Eurobond swap. To cover maturing debt in 2016

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The Ministry of Finance (MoF) has recently begun a swap operation of $750 million Eurobonds to mature on January 19, 2016. This measure is to cover a debt due for payment at the beginning of next year.

“The swap process is underway, but it’s ….
Article details

A $750 million Eurobond swap. To cover maturing debt in 2016

eurobond-swap-deal.gif

The Ministry of Finance (MoF) has recently begun a swap operation of $750 million Eurobonds to mature on January 19, 2016. This measure is to cover a debt due for payment at the beginning of next year.

“The swap process is underway, but it’s ….
Article details

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