Debt-Default Showdown Looms as Lebanon Freezes Eurobond Payment
Debt-Default Showdown Looms as Lebanon Freezes Eurobond Payment 3Lebanon is about to enter the crucial first phase of talks aimed at renegotiating its $30 billion in Eurobonds after saying at the weekend it won’t pay dollar debt coming due on Monday.The government’s declaration on Saturday that it won’t repay the $1.
News story posted on 2020-03-08T15:44:00.0000000Z