Greek Swap Deal Means 74% Net Present Value Loss, Exane Says
February 21, 2012, 5:19 AM ESTBy Fabio Benedetti-Valentini
Feb. 21 (Bloomberg) -- The agreement reached by Greece with its private creditors overnight represents a net present value loss of about 74 percent for bondholders, estimated Guillaume Tiberghien, a London-based analyst at Exane BNP Paribas.
Tiberghien made the estimate by telephone today.
To contact the editor responsible for this story: Fabio Benedetti-Valentini at fabiobv@bloomberg.net
