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EXTERNAL DEBT

Lebanon’s restructured Eurobonds recovery value could reach 24.6 cents on the dollar, Goldman Sachs says

Experts say this number may, however, be too optimistic given the current economic, political and geopolitical climate.

Lebanon’s restructured Eurobonds recovery value could reach 24.6 cents on the dollar, Goldman Sachs says

View of Beirut's skyline. (Credit: PHB).

BEIRUT – Since the assassination of Hezbollah leader Hassan Nasrallah on Sept. 27, investors have developed a particular interest in Lebanon’s defaulted Eurobonds – a debt security issued in a currency other than Lebanon’s local currency – causing...
BEIRUT – Since the assassination of Hezbollah leader Hassan Nasrallah on Sept. 27, investors have developed a particular interest in Lebanon’s defaulted Eurobonds – a debt security issued in a currency other than Lebanon’s local currency – causing...