Greek Bonds Rise as Japonica Offers to Buy $3.8 Billion of Debt

Japonica Partners & Co. said it would purchase the Greek bonds issued last year through a tender offer that expires July 1, according to a statement released by the Providence, Rhode Island-based firm today. Japonica said it planned to purchase almost 10 percent of the total debt outstanding, which has a face value of 29.6 billion euros. The yield on Greek bonds due in February 2042 ...

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