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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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Stocks climb to 16-year high as markets withstand global liquidations

JPMorgan: Greece one of the most attractive markets for the Emerging Europe category

JPMorgan: Greek bonds passed the convergence test, and investors are repositioning

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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