Greek Bond Buyback Leads S&P to Cut to Selective Default

Economic Times

Greek Bond Buyback Leads S&P to Cut to Selective Default Bloomberg Greece's credit grade was reduced to SD, or selective default, by Standard & Poor's from CCC after the government began buying its bonds back from investors, a statement on the rating company's website said yesterday. The nation has offered 10 billion ... Greek Bonds Now Defaulted, Also Extra AttractiveDealBreaker S&P cuts Greek credit rating to selective defaultBusiness Spectator John Kolesidis/ReutersThe offices of Greece's finance and development ...New York Times Irish Times all 156 news articles »

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