Tuesday, Jul 26, 2011

NEW YORK (Dow Jones)--The Lebanese Republic is planning dollar-denominated bond offerings, according to a person familiar with the deal.

The country has a B1 rating from Moody's, B rating from Standard & Poor's and a B rating from Fitch.

Blom Bank and Citigroup are the joint bookrunners on the deal. Books on the offerings could open as soon as this week.

-By Anjali Cordeiro; Dow Jones Newswires; 212-416-2200; anjali.cordeiro@dowjones.com

(END) Dow Jones Newswires

26-07-11 0407GMT