Greece Considers Extension of Debt-Swap Offer, Kathimerini Says
This article is for subscribers only.
Greece may extend a new debt-swap offer to holders of bonds governed by Swiss, Italian and Japanese law, as the legal framework of the current exchange prohibits their participation, Kathimerini reported.
Such an offer would be made after April 11, to allow formal completion of the current swap, and might ask the holders to exchange their bonds for cash, rather than new securities, the newspaper said, without citing anyone.