(Corrects to clarify Spain has accepted 3.66 billion euros, not
By John Geddie
LONDON, June 12 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)