Lebanon issues RFPs to seven firms to provide advice on Eurobonds -source

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BEIRUT (Reuters) – Lebanon has issued requests for proposals to seven firms to provide financial advice including on options regarding its 2020 Eurobond maturities, a source familiar with the matter told Reuters on Wednesday.

As it grapples with a crippling financial crisis, the heavily indebted state must decide what to do about its debt repayments, including a $1.2 billion Eurobond due on March 9.

The source identified the firms as Rothschild & Co, Guggenheim Partners, Citibank, Lazard, JP Morgan, PJT Partners and Houlihan Lokey.

Reporting by Tom Perry; Writing by Ellen Francis; Editing by Chris Reese

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