Terpel Pumps Domestic Market

Terpel Pumps Domestic Market

Colombia Bonds

Colombian fuel company Terpel has raised COP700bn ($385m) in the domestic bond market, pricing a four-tranche sale that saw 2.4x demand. It issued COP241bn in 2020 bonds with an interest rate of 5.65%, COP115bn in inflation-linked 2018 bonds at IPC+2

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