ETB to Dial up COP

ETB to Dial up COP

Colombia Bonds

Empresa de Telecomunicaciones de Bogota (ETB) is taking advantage of a risk-on appetite and a recent Colombian peso rally to issue a $300m-equivalent 10-year peso-denominated bond as soon as today, according to people following the process. Initial price thoughts are heard at low to mid 7%-area. The Ba1/BBB minus telecom had been weighing the local currency sale versus a dollar deal as it met investors through Wednesday. “Basically there is a risk-on sentiment and so it makes sense for the issue

Already have an account?

Free trial

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

Free Trial