Greek bond holders demand change of domicile as part of swap, reports FT
The Financial Times reports that Greek bond holders have offered to swap their bonds for new ones with half the principal
Interesting - I would have thought this type of detail would have been determined already. The bondholders' perspective is understandable, but if I were Greece I would say "drop dead". Making the terms more onerous after the Greek austerity vote will add to the political problems - unless this group of bondholders is distinct from the European banks that have already "agreed" to the debt exchange.
CLOs
- 2024 Q1 manager rankings by AUM 14 hours ago
- New European CLO prices with triple As at 145 15 hours ago
- Twin Brook grows MM CLO business with upsized deal number three 15 hours ago
- Short-dated 2021 vintage US CLO gets a reset 16 hours ago
- KKR resets 2021 vintage BSL deal 16 hours ago
Comment by: Anonymous. Posted 12 years ago [2011-11-22 16:01:39]