CorpBanca COP Plans Evolve

CorpBanca COP Plans Evolve

Chile Colombia Bonds

Following $1.3bn in cross-border deals at both the holdco an opco levels last month, Chile’s Corpbanca now turns to Colombia’s domestic bond market to help replace acquisition debt. The plan is for a COP250bn ($141m) sale February 7, with the possibility of upsizing to COP350bn, say people familiar with the bank’s plans. CorpBanca is heard eying IPC-linked debt at a 10-year maturity. Bancolombia, Corredores Asociados, Correval and Serfinco are managing the sale, rated AA+ on a national scale. Th

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