Investors Offer About 30 Billion Euros In Greek Debt Buyback: Source

ATHENS (Reuters) - Greek and foreign bondholders offered about 30 billion euros ($38.8 billion) in a buyback plan that is key to the country's international bailout, a Greek government official said on Saturday.

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  • More Time For Investors To Sell Back Greek Debt
    LONDON — Greece, on the verge of completing a crucial plan to reduce its debt burden ... the buyback’s success remains dependent on foreign investors selling the majority of their holdings. Greek banks are thought to own 17 billion euros worth of ...
    12/10/2012 - 4:54 am | View Link
  • Investors offer about $38.8 billion in Greek debt buyback: source
    The buyback accounts for about half of a broader, 40-billion euro EU/IMF debt relief package ... also said they would offer their bonds. Foreign investors have offered between 15 and 16 billion euros worth of bonds, Greek newspapers reported on Saturday ...
    12/8/2012 - 10:05 am | View Link
  • Investors offer about $38.8 billion euros in Greek debt buyback: source
    ATHENS – Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday. Greek and foreign ...
    12/8/2012 - 5:14 am | View Link
  • Investors offer about 30 billion euros in Greek debt buyback
    Greek and foreign bondholders offered the targeted 30 billion euros (24.19 billion pounds) in the deal, which is central to efforts by Greece's euro zone and International Monetary Fund lenders to cut its debt to manageable levels. "The buyback went well ...
    12/7/2012 - 11:58 pm | View Link
  • Concerns Mount That Investors Might Balk at Debt Buyback in Greece
    Having borrowed 10 billion euros, the net debt relief would be around ... Greece that they may not participate in the buyback. Instead, they are betting that the participation of Greek banks and short-term investors looking for a quick profit will be ...
    12/5/2012 - 8:20 am | View Link
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