Troubling Sign: Greece Delays Asia, U.S. Bond Roadshow

Discussion in 'Wall St. News' started by schizo, Feb 26, 2010.

  1. schizo

    schizo

    Greece Delays Asia, U.S. Bond Roadshow

    http://online.wsj.com/article/SB10001424052748704625004575089112503467500.html?mod=yahoo_free


    BY COSTAS PARIS AND EMESE BARTHA

    Greece has pushed back its plans to sell a minimum $2 billion in global bonds in the U.S. and Asia, a finance ministry spokeswoman said Friday. But a separate 10-year bond offering aimed at European investors is still expected to go ahead next week.

    "The road show is still on. It has been pushed back because the finance minister is busy with obligations in Greece--visits by EU officials and parliamentary work," Filio Lanara told Dow Jones Newswires.

    "We have not set a date yet, but it will happen," he said.

    Greece had been expected to launch a 10-year government bond ...