Greece Rejoins Long-Term Debt Market
International Business Times
Published Apr 09, 2014 08:53AM ET
Updated Apr 09, 2014 09:15AM ET
By Reuters - (Reuters) - Greece's finance ministry confirmed Wednesday it mandated international banks to issue a benchmark, five-year bond, the country's first long-term debt sale since its international bailout started four years ago.
"The Hellenic Republic announces today it has mandated international banks for an imminent five-year benchmark bond issue, (denominated) in euros, under UK law," the finance ministry said in a statement.
"The transaction is expected to be priced and take place in the immediate future," the statement added.
(Reporting by Harry Papachristou)
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Written By: International Business Times
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