Business

Cyprus holds first public bond issue since bailout

By Menelaos Hadjicostis
Published June 18, 2014 9:21pm ET
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Cyprus holds first public bond issue since bailout
NICOSIA, Cyprus (AP) — Cyprus returned to international markets on Wednesday after raising 750 million euros ($1 billion) with its first public issue of bonds since last year’s bailout saved it from bankruptcy. An initial target of 500 million euros was oversubscribed four times, and allowed authorities to raise an extra 250 million euros through […]

NICOSIA, Cyprus (AP) — Cyprus returned to international markets on Wednesday after raising 750 million euros ($1 billion) with its first public issue of bonds since last year’s bailout saved it from bankruptcy.

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