Calamos Supports Greece

Greek Debt Swap

Germany Welcomes Greek Debt Swap

Germany's finance ministry on Friday welcomed Greece's debt swap with private creditors calling it a "big step" towards stabilizing the country. A spokesman also said Greece had been handed a "historic chance" after 83.5 percent of its private creditors tendered...

Greek Debt Swap Sees 95.7% Participation With Clauses

The Greek government said it reached its target in the biggest sovereign restructuring in history, with a 95.7 percent participation rate among investors after it received approval to activate collective action clauses. Bondholders tendered 152 billion euros of Greek-law bonds,...

Debt Swap Participation About 85%

Greece's government got about 85 percent of bondholders to tender their holdings of the country's debt for new securities in the biggest restructuring in history, a banking official said. Preliminary indications after the deadline for the swap expired at 10...

Greece "Optimistic" as Debt Swap Enters Final Stretch

Greece's government was 'optimistic' Monday that participation in a crucial debt swap with banks and private investors would be completed successfully by the end of the week. 'We remain optimistic ... but we expect that until the last moment there...

IIF's Dallara Says Confident Greek Debt Swap Will Be Completed

The chief negotiator for the body representing private sector holders of Greek bonds expressed confidence on Saturday that a bond swap deal which is a key part of Greece's bailout program would be completed successfully next week. "We can sense...

Venizelos: Private Creditors Could Take Loss Of More Than 70%

Greece's financial minister said on Tuesday that private creditors could see a loss of more than 70% in a debt swap, Reuters reported. "We are talking about a haircut on the net present value exceeding 70%," Evangelos Venizelos told lawmakers,...

Venizelos Aims for Debt Swap Offer Feb. 6 – Feb. 10

Greece will resume talks with the Institute of International Finance on Jan. 18 on a debt swap accord and aims to present the outline of the plan at a meeting of euro-area finance ministers on Jan. 23, Greek Finance...