FRANKFURT (MarketWatch)
The Institute of International Finance on Wednesday added to the list of investors participating in Greece's debt swap
The banking trade group said the 30 members of the Private Creditor-Investor Committee who have so far agreed to participate hold a total of 81 billion euros ($106.5 billion) of outstanding, privately-held Greek debt, or 39.3% of the 206 billion euros of eligible paper.
Members who have agreed to participate include Credit Agricole , HSBC , Intesa San Paolo , Metlife Inc. and several others, including committee members such as Commerzbank , Deutsche Bank and BNP Paribas , which the IIF previously said would participate
Greece's Finance Ministry has said bondholders representing 75% of privately-held Greek debt must sign up by a Thursday deadline for the deal to go ahead
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