Ministry of Finance of the Lebanese Republic: Lebanon Announces Decision to Withhold All Payments on Its USD1.2bn Bonds Due 9 March 2020 and Undertake Structural Reforms to Stabilise and Restart Its Economy
BEIRUT, March 7, 2020 /PRNewswire/ — Following today’s extraordinary crisis Cabinet meeting, the Prime Minister of Lebanon Hassan Diab announced the Government’s decision to withhold all payments on its 6.375% US$1,200,000,000 bonds due 9 March 2020, in order to safeguard foreign…
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