Cleary Gottlieb Steen & Hamilton, Clifford Chance (CC) and Linklaters have all taken advisory roles on Greece's €10bn (£8.1bn) bond buyback scheme. The country last week announced plans to buy its debt at a steep discount, as part of conditions the state must fulfil before receiving its next round of financial aid, which require Greece to cut its debt to 124% of GDP by 2020.
December 10, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton, Clifford Chance (CC) and Linklaters have all taken advisory roles on Greece’s €10bn (£8.1bn) bond buyback scheme.
The country last week announced plans to buy its debt at a steep discount, as part of conditions the state must fulfil before receiving its next round of financial aid, which require Greece to cut its debt to 124% of GDP by 2020.
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