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ATHENS DeMarcus Cousins Kids Jersey , July 24 (Xinhua) -- Greece will attempt on Tuesday atest return to bond markets for first time after the summer of2014, according to an official announcement by the Greek FinanceMinistry posted on the website of the Athens Stock Exchange onMonday.
""The Hellenic Republic announces today an invitation to holdersof its outstanding 4.75 percent notes due 2019 to tender suchExisting Notes for purchase for cash (Switch and Tender Offer),""read the press release.
""The Republic also announces today that it intends to offer neweuro-denominated fixed rate notes due 2022 (New Notes Offering),""it added.
BNP Paribas, Citigroup Global Markets Limited Solomon Hill Youth Jersey , Deutsche BankAktiengesellschaft, Goldman Sachs International Bank, HSBC Bank plcand Merrill Lynch International have been mandated as Joint LeadManagers for the New Notes Offering, according to theannouncement.
Pricing of the New Notes Offering is expected to occur on July25, 2017 E'Twaun Moore Youth Jersey , subject to market conditions, with settlement expected tooccur on Aug. 1, 2017, according to the press release.
Following the successful completion of the second review of itsthird bailout since 2010 in June, the Greek government consideredissuing a 5-year bond to take advantage of the positive momentum Jordan Crawford Youth Jersey ,financial analysts and media in Athens had said in recentweeks.
The Left-led government's target is to secure a lower interestrate than the 4.9 percent Greece secured in 2014 when the previousconservative government had made a test return to capital markets,according to the reports.
""Greece has been shut out of the international capital marketsfor the past seven years... We will make the decision when webelieve we are fully prepared ... We are not interested in publicrelations stunts,"" Greek government spokesperson DimitrisTzanakopoulos had said last week.
The government's main concern is to pave the way for Greece tobe able to stand on its own two feet once the current bailoutprogram comes to an end in mid-2018, Tzanakopoulos hadstressed.
The step is made as European Commissioner for Economic andFinancial Affairs Pierre Moscovici visits Athens on Monday andTuesday for meetings with the Greek government. Enditem
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