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Colombia's Banco de Credito Prices IPO

Dec 7, 2007

Banco de Credito, a Bogota-based bank and financial institution, raised $113m equivalent in an IPO priced Wednesday and finalized Thursday....

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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