This legal move comes after several bondholders-specifically three investment funds and a bank-challenged the notification Greece issued on April 4 to exercise its call option. Greece has initiated legal proceedings in a United Kingdom court over a dispute involving GDP-linked bonds that were issued during its 2012 sovereign debt restructuring, commonly known as the Private Sector Involvement (PSI). The Greek government is seeking a judicial ruling to resolve disagreements with certain bondholders regarding its proposal to repurchase these bonds, which are set to mature in 2042. Last week, Greece filed a lawsuit against Wilmington Trust, the trustee responsible for administering the bonds, asking the court to confirm the legality of its proposed early buyback and to validate the method it used to calculate the offer price. This legal move comes after several bondholders-specifically three investment funds and a bank-challenged the...