Occidente Bond Expected Next Year

Occidente Bond Expected Next Year

Colombia Bonds

Colombia's Banco de Occidente is expected to issue the first bonds from a COP1trn ($555m) shelf registration in early 2011, say bankers not on the deal. "It is possible that Ecopetrol will issue its bonds before the end of the year, so it is likely that Banco de Occidente will wait until early next year to do its own in order to make sure there is enough liquidity in the market," says one of the bankers. Ecopetrol is planning to raise COP1trn via a local bond sale. The Occidente notes will be ei

Already have an account?

Free trial

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

Free Trial