Greek default looms as Kookmin considers first legal deal

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Greek default looms as Kookmin considers first legal deal

The Greek government has rejected an austerity plan tied to the next €7.2bn IMF bailout tranche and called for a referendum for July 5 asking its voters to also reject austerity. Kookmin finished roadshowing last week and could soon be ready to issue the country's first legally enshrined covered bond.

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