Cyprus plots next move after swift turnaround
Cyprus will use the proceeds from its comeback €750m June 2019 bond this week and any other syndications in the coming months to repay debt maturing soon after its bail-out programme’s scheduled finish in May 2016. The sovereign completed the quickest turnaround of any bailed out eurozone sovereign on Wednesday but is already mulling its next move — including organising non-deal roadshows to keep investors abreast of its plans.
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