Greece May Seek to Buy Back Debt at Market Rates

Call it Greece vs. the bondholders, Round 2.
Almost nine months after forcing private sector investors to stomach a 75 percent loss on their Greek bonds, the Greek government — with the support of Germany, its largest creditor — is weighing a plan to repurchase some debt at today’s market price of 25 to 27 cents, according to bankers and lawyers involved in the talks.


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The New York Times