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Aval Defines FO

Dec 13, 2013

Colombia’s Grupo Aval has set terms for what should be a COP2.41trn ($1.25bn) equity follow-on. The financial group plans to offer 1.86bn common shares at COP1,300 each. The common shares closed at COP1,280 Thursday. The issuer does not yet define...

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

Jan Dehn, Ashmore Investment Management