LONDON, March 20 (IFR) - The Lebanese Republic has set the final yields on a three tranche US dollar bond issue, according to a lead.
The issuer has set final yield for a March 2027 benchmark bond at 6.85%. The 10-year notes were initially marketed at 6.95% area.
Lebanon has set final yield for a March 2037 bond at 7.25%. The 20-year notes were marketed originally at 7.35% area.
Pricing is today via bookrunners Barclays, Byblos Invest Bank, JP Morgan and Societe Generale de Banque au Liban.
Lebanon is rated B2/B-/B-.
(Reporting by Robert Hogg, Editing by Helene Durand) ((Robert.Hogg@thomsonreuters.com; +44 207 542 9077;))
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