Greece Hires Banks for 10-Year Government Bond Issue

Greece hired banks for the syndicated launch of a new 10-year government bond with maturity in June 2032, said one of the mandated banks Tuesday.

The transaction will be launched in the near future, subject to market conditions, said the same bank.

The banks hired for the issue are Barclays, Commerzbank, Eurobank, Morgan Stanley, Nomura and Societe Generale.

Greece plans to raise 12.0 billion euros ($13.69 billion) from medium- and long-term debt issuance in 2022, the debt agency said earlier in its funding strategy for the year.
Source: Dow Jones