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> Economy

Greece goes to markets with re-issuance of 7-year bond

The new exit to the markets comes immediately after the upgrade by the S&P of the country's debt to BB +

Newsroom April 26 03:57

Greece has ordered six investment banks to re-issue a 7-year bond, according to the relevant announcement.

Co-managers of the issue will be BNP Paribas, BofA Securities, Citi, Deutsche Bank, Goldman Sachs, and JP Morgan.

According to the mandate, the title that was issued in April 2020 will be reissued with a maturity of 22 April 2027 and a 2% coupon.

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Major changes to street markets: Producer-only markets and end of license renewals

Stock Exchange: Monthly rise of 9.15% and 7th consecutive weekly rise

ESM: Greek bonds among the strong performers of the Eurozone – 15-year low for the spread

The new exit to the markets comes immediately after the upgrade by the S&P of the country’s debt to BB +.

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