Joao Leite, head ofinvestment at Portugal's BancoCarregosa, said the request foraidwasunlikely to lead toanysignificantreduction in the country'slong-termdebtyields.
In fact, the IMF has forecast economic growth of 2.5% for the island nation in 2012, and the ratings agency Fitch has raised Iceland's long-term debt back to investment grade.
Nevertheless, in the medium term the firm will probably have to issue more long-term debt to finance itself (it hopes to gain an investment-grade credit rating this year) and raise more equity, perhaps by listing.