Greece to pay back 8.5 bln euro bond normally May 19

ATHENS, May 18 (BestGrowthStock) – Greece will fully redeem a
10-year 8.5 billion euro bond maturing May 19 after receiving a
first instalment of emergency funding from euro zone countries,
a government source said on Tuesday.

“Repayment to bondholders will proceed normally on May 19,”
the government official, who did not want to be named, told
Reuters.

The 6.0 percent fixed-coupon bond was a major refunding
hurdle for Greece this year along with a 5-year, 8.2 billion
euro bond that was repaid on April 20.

Stock Today

(Reporting by George Georgiopoulos)

Greece to pay back 8.5 bln euro bond normally May 19