Feb 25, 2020
Lebanon Hires Lazard, Cleary Gottlieb as Debt Advisers
Bloomberg News
,(Bloomberg) -- Lebanon hired Lazard Ltd. and Cleary Gottlieb Steen & Hamilton as legal and financial advisers on its debt, said Information Minister Nada Abdel-Samad.
The government has until the end of this month to make a decision on debt repayment, the minister told reporters after a cabinet meeting.
Lebanon Slammed by Double Downgrade as Bond Default Looms
Beirut-based L’Orient Le Jour reported the news on Monday.
To contact the reporter on this story: Dana Khraiche in Beirut at dkhraiche@bloomberg.net
To contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Claudia Maedler
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