Tue, 31 Jan 2012 07:51:39 GMT
Private bondholders will lose 70% from Greek deal
Investors who have agreed to take part in essential cut of Greek debt would lose about 70% of the bond holdings, a person familiar with the issue said on Tuesday. The final deal on Greece's debt is likely to be signed in a couple of days along with the second bailout package aimed at saving the country from the default.