Greece will issue a new seven-year bond "in the near future, subject to market conditions" the Public Debt Management Organisation said in an announcement to the Athens Stock Exchange on Monday.
The Public Debt Management Organisation did not provide any details on the amount sought.
According to Capital.gr source book building could start even tomorrow.
According to the announcement "The Hellenic Republic, rated B1/B+/BB-/BBL (stb/pos/stb/stb), has mandated Barclays, BofA Merrill Lynch, Deutsche Bank, Morgan Stanley, Nomura and Société Générale as Joint Lead Managers for a new Euro-denominated offering of Reg S Cat1, 144A eligible, CACs benchmark bonds to be issued in dematerialised registered form carrying a 7 year maturity. The (syndicated) transaction will be launched in the near future, subject to market conditions. ICMA/FCA stabilisation rules and regulations applies.”