June 12, 2014 / 11:11 AM / 4 years ago

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)

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