Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Coltel Continues Colombian DCM Supply

Sep 21, 2012

Colombia Telecomunicaciones (Coltel) has priced a $750m bond in the international markets. The first-time issuer was able to bring in the price more than 60bp from initial talk, a tightening heard surprising even those close to the trade, as it gathered $8bn in orders. The deal follows Grupo Aval’s $1bn bond and others from the region recently that have capitalized on strong appetite. The BB rated issuer priced the 2022 bond at par with a 5.375% coupon to yield at the...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Is recent bond market volatility the end of easy borrowing for LatAm issuers?

Vote    



  1. Investors prepare for rate shift
  2. No Fear on Long-Term Investment: AmBev
  3. Institutional wealth – pension funds: The next generation
  4. Turmoil threatens equity pipeline
  5. Debt investor scorecard: Beating the benchmark


Popular Searches


“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.