Investors With 39.3% of Greek Debt Will Join Swap, IIF Says
Thirty investors in Greek securities have agreed to participate in a Greek debt swap, according to an e-mailed statement from the Institute of International Finance.
The thirty members of the private creditor-investor committee for Greece who plan to participate in the swap hold an aggregate 81 billion euros of Greek debt, or 39.3 percent of the Greek debt eligible for the swap, according to the email today.
To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net
March 7 (Bloomberg) -- Patrick Armstrong, managing partner at Armstrong Investment Managers, talks about the debt swap deal between Greece and private investors. He speaks with Mark Barton on Bloomberg Television's "On the Move." (Source: Bloomberg)
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