Greece gets blow-out demand for longest post-crisis bond
Greece hit the market with its longest bond since the sovereign debt crisis on Tuesday. Its boldness was rewarded by its strongest order book since it returned to capital markets.
Following the mandate announcement on Monday, leads Bank of America, Barclays, BNP Paribas, Goldman Sachs, HSBC and JP Morgan opened the books on Greece’s February 2035 euro benchmark on Tuesday morning with guidance of mid-swaps plus 170bp area and over €14.3bn of indications of interest.The deal was launched at €2.5bn ...
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