Lebanon's bondholders select Houlihan Lokey as financial advisor for debt talks

Lebanon Economy
26-03-2025 | 15:49
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Lebanon's bondholders select Houlihan Lokey as financial advisor for debt talks
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Lebanon's bondholders select Houlihan Lokey as financial advisor for debt talks

Lebanon's bondholders have chosen U.S. investment bank Houlihan Lokey as their financial advisor for potential debt negotiations, two informed sources told Reuters.  

The country has been grappling with a severe economic crisis since 2019, when its financial system collapsed under the weight of massive government debt, leading to a sovereign default in 2020. 

Hopes for progress in addressing Lebanon's prolonged default were revived in early February with the formation of a new government led by Prime Minister Nawaf Salam.  

One of the sources said that six firms had submitted proposals to the group representing the bondholders, with Houlihan Lokey and GSA making the shortlist.  

Lebanon has outstanding international bonds with a face value of $31.3 billion. 

According to Tradeweb data, these bonds are currently trading at deeply distressed levels, between 16 and 17 cents on the dollar.

Lebanon News

Lebanon Economy

Lebanon

Bondholders

Houlihan Lokey

Financial

Advisor

Debt

LBCI Next
Fuel prices slightly drop across Lebanon
Politics get in the way: Lebanon nears decision on BDL governor
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More