Creditors accept lower rate on Greek debt: report

Πηγή: WSJ
By MarketWatch
Jan 26 2012

FRANKFURT (MarketWatch) -- Private-sector lenders are ready to accept a coupon rate of less than 4% on new Greek bonds that will be issued in a voluntary debt swap, according to a story in Greek newspaper Ethnos, Dow Jones Newswires reported on Thursday. The report said private-sector creditors will submit a new offer with an average interest rate of 3.75% after Charles Dallara, head of the Institute of International Finance and a lead negotiator for private creditors, met with senior bankers in Paris on Wednesday. Dallara is set to resume talks with the Greek government in Athens Thursday. European finance ministers earlier this week rejected a proposed 4% coupon rate on new Greek bonds proposed by private-sector creditors.