Greece on Tuesday successfully completed a 15-year syndicated bond issue, raising 3.5 billion euros at an interest rate of 4.45% (down from an initial estimate of 4.5%), ANA reports.
The Greek state returned to capital markets for the first time after the June 25 elections, taking advantage of a positive climate prevailing in the domestic bond market. The issue was part of a program aimed to reduce the country’s public debt through a premature repayment of 5.5 billion euros of loans signed during the first memorandum.
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