Titularizadora Colombiana Clinches $192m

Titularizadora Colombiana Clinches $192m

Structured Finance

Colombia's Titularizadora priced Friday a COP375bn ($192m) MBS at 10.14% in two tranches of 10 and 15 years, marking the leading shop's fourth fixed-rate ABS issue. The company had gone out with price talk in the 10% area, and a target range of $200m worth of securities. An auction for $60m worth of the securities was held to determine the pricing, which was then applied to the remainder of the book which Titularizadora underwrote and placed. The offering went a third each to pension funds, bank

Already have an account?

Free trial

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

Free Trial