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KM Financial Solutions | UPDATE 2-Lebanon to ask for 7-day grace period for March 9 bond-source
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UPDATE 2-Lebanon to ask for 7-day grace period for March 9 bond-source

26 Feb UPDATE 2-Lebanon to ask for 7-day grace period for March 9 bond-source

Posted at 09:51h in News by
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Lebanon intends to ask for a
seven-day grace period for a $1.2 billion Eurobond that matures
on March 9, as it is entitled to, in order to give financial
advisers more time to draft a restructuring plan, a government
source said on Thursday.

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