OTE, Greek ‘special case’, returns to HY at just 4.625%

Victor Jimenez

November 25, 2015 06:00 pm

Greece — An EU flag flies in front of ancient Parthenon temple, in Athens, on Wednesday, April 9, 2014. Greece announced Wednesday it was returning to international bond markets for the first time in four years amid growing signs of financial confidence in the country. (AP Photo/Petros Giannakouris) | Petros Giannakouris/AP/Press Association Images

OTE, the Hellenic Telecommunications Organisation, returned to the bond market on Tuesday with a €350m four year at a yield of just 4.625%, despite high yield bankers saying the mood in the market was still unstable.

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High yield Deutsche Bank Greece News content Loans and High Yield LevFin High Yield Bonds LevFin Citi HSBC Corporate Bonds

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Victor Jimenez