Finandina Preps Local Issue

Finandina Preps Local Issue

Colombia Bonds

Colombia's Banco Finandina is poised today to round out a COP200bn ($110m) issuance program with a COP27.6bn private placement maturing May 2015, at DTF+1.99%. Corredores Asociados, Correval, Interbolsa, Bancolombia, Casa de Bolsa and Serfinco will lead the transaction, say sources familiar with the deal. The transaction will complete a program that began last August with COP72bn, followed by COP100.5bn in May. In August 2011, Finandina's issue saw some COP97bn in demand. It sold a COP41bn 2013

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