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Goldman asks what if Lebanon is forced to restructure debt

Goldman Sachs Group Inc. still sees an imminent debt restructuring in Lebanon as unlikely but is already turning its attention to how much investors could recover as one of the most indebted countries teeters on the brink of financial crisis. Under the U.S. bank’s base scenario, foreign investors would recover 35 cents on the dollar, Farouk Soussa, an economist at Goldman Sachs, said in a report.
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