LONDON- Lebanon dollar-denominated bonds fell to record lows on Wednesday with some dropping as far as 29 cents on the dollar, after the country's parliament speaker was said to see a debt restructuring as an "ideal solution". -
As heavily-indebted Lebanon battles its worst ever financial crisis, the government is under growing pressure to decide what to do about its repayments, including a $1.2 billion Eurobond due on March 9.
Bond due for repayment from 2022 onwards dropped between 1 and 1.6 cents on the dollar to leave most trading at between 30 and 32 cents, according to Tradeweb and Refinitiv prices. -
(Reporting by Marc Jones; Editing by Tom Arnold) ((firstname.lastname@example.org; +44 (0)207 542 9033; Reuters Messaging: email@example.com Twitter @marcjonesrtrs))