Bloomberg News

Greece Considers Extension of Debt-Swap Offer, Kathimerini Says

March 29, 2012

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.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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