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Greek Debt Swap at 95% After Bondholders Forced to Join

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Greek Debt Swap at 95% After Bondholders Forced to Join

By Vivek Shankar - Mar 9, 2012 2:45 PM ET

The International Swaps and Derivatives Association Inc., known as ISDA, said its EMEA Credit Derivatives Determinations Committee resolved unanimously that a restructuring credit event has occurred with respect to Greece.

To contact the editor responsible for this story: Vivek Shankar at vshankar3@bloomberg.net




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