CORRECTED-Spain accepts 3.66 billion euros of 2015 bonds in switch offer
(Corrects to clarify Spain has accepted 3.66 billion euros, not 3.6 billion)
By John Geddie
LONDON, June 12 (Reuters) - Spain has accepted 3.66 billion euros of bonds maturing in 2015 in exchange for a new 10-year bond, the Spanish Treasury said on Thursday.
It has accepted 2.143 billion euros of a 3 percent April 2015 bond, 604 million euros of a 4 percent July 2015 bond and 915 million euros of a 3.75 percent October 2015 bond.
Investors will be offered a new bond maturing in October 2024 in exchange. Over 12 billion euros of orders have been placed for the new 10-year bond, which is set to price later on Thursday, including the value of those switched. (Reporting by John Geddie; Editing by Marius Zaharia)
- U.S. air strikes on Syria would face formidable obstacles
- Samsung unveils smartwatch that can make calls
- Russian-backed separatists enter southeast Ukraine town
- FBI, Secret Service investigate reports of cyber attacks on U.S. banks
- Breakthrough hopes dented as Ukraine accuses Russia of new incursion |