Greece to issue second bond on Wednesday -paper
ATHENS, July 9
ATHENS, July 9 (Reuters) - Greece is expected to issue its second sovereign bond on Wednesday following its successful return to the financial markets in April after a four-year shut out, Greek daily Kathimerini reported, citing Finance Ministry sources.
Athens would likely issue a three-year bond, hoping for an interest rate of under 3 percent, to raise 2.5 billion to 3 billion euros, the newspaper said on its website.
The Finance Ministry declined to comment on the report.
Greek officials told Reuters in June that Athens was considering a sale before August with a likely maturity of seven years to raise 2 billion to 3 billion euros.
Kathimerini said the books would open on Wednesday and the sale would likely be concluded by Thursday, when Finance Minister Gikas Hardouvelis holds his first meeting with inspectors from the country's European Union, International Monetray Fund and European Central Bank lenders.
It said Bank of America Merrill Lynch, Deutsche Bank AG, Goldman Sachs Group Inc, Citigroup Inc , JPMorgan Chase & Co, Morgan Stanley, Nomura, HSBC Holdings Plc, UBS AG and BNP Paribas SA were expected to lead the book building. (Reporting by Karolina Tagaris and Lefteris Papadimas. Editing by Andre Grenon)
- Obama makes rare campaign trail appearance, people leave early
- Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders |
- Obama makes rare campaign trail appearance, some leave early
- Nigeria declared Ebola-free, holds lessons for others |
- U.S. stocks end higher despite drag from IBM