Greek Oil Company Sees Strong Interest in Bond Offer

BY CAROL DEAN

LONDON—Greek oil refiner Hellenic Petroleum SA is seeing strong demand for its first international debt sale, a sign that investors are returning to Greece as they continue to seek higher-yielding investments.

Hellenic Petroleum has increased the size of the offering to €400 million ($520 million) from an initial €200 million to €250 million after shopping it to investors this week, analysts said. Bankers working on the deal are suggesting a yield in the area of 8.5%. 
ΠΗΓΗ:online.wsj.com