Pimco, Greylock See Value in Greek Debt After Syriza Win

January 27, 2015 3:35 PM

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Pacific Investment Management Co. and hedge fund Greylock Capital Management say the election of the anti-austerity Syriza party in Greece hasn’t dimmed their appetite for the country’s bonds.

Syriza won after promising a writedown of public debt and an easing of policies that were imposed in return for pledges of 240 billion euros ($270 billion) in aid since May 2010 from the European Central Bank, the International Monetary Fund and the European Commission. That helped push yields on Gr...

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