The Government of Lebanon has renegotiated with the Government of Malaysia the terms of two Bond Issues (Loans) totalling 500 million US Dollars. The interest rate has been lowered to 3.75% instead of 5% and 7.5% respectively.
The Lebanese Ministry of Finance and the Central Bank of Malaysia agreed to the following changes
1) Bond of $200 Million US Dollars
Coupon rate
7.125%
3.750%
2) Bond of 300 Million US Dollars
Coupon rate
5.0%
3.75%
For further information please contact:
Ministry of Finance
UNDP Project
Tel: 961 1 981057/8
Fax: 961 1 981059
E-mail: infocenter@finance.gov.lb
Website:
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