| Finance Minister Mohammad Safadi said Lebanon plans to raise $2 billion from international bond markets this year after borrowing costs of the most-indebted Arab country dropped to a record.
The ministry also plans to exchange existing debt valued at $3 billion with new bonds within the coming year, Safadi said in an interview. The possible sale of benchmark-size bonds depends on market conditions and the ministry has yet to appoint advisers, he said. Benchmark-size typically means a sale of at least $500 million...............................................Full Article: Source
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