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ATHENS: Greece will repay 436 million euros in maturing debt Tuesday, covering private creditors who had refused to take part in an unprecedented write-down under an EU-IMF bailout, a government source said.
As part of an EU-IMF bailout, private creditors accepted a massive loss on their holdings of Greek government bonds, wiping out more than 100 billion euros ($130 billion) of the country's 350-billion-euros debt mountain, but a small number rejected the deal, leaving them uncertain of being repaid.