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Greece to launch second privatisation

The Greek government unveiled a fully marketed €500m ($472m) secondary offering in OPAP, the football pools group, just after it completed an accelerated sale in OTE Hellenic Telecommunications Organization.

SSSB strengthened its relationship with the Greek government by winning the mandate to lead the OPAP sale. In March last year SSSB, Credit Suisse First Boston (CSFB) and UBS Warburg were the bookrunners of an exchangeable bond from the Hellenic Republic into OTE shares.

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