Molymet Registers for COP

Molymet Registers for COP

Bonds

Chile’s Molymet is registering a COP500bn ($261m) bond line in Colombia’s local market, LatinFinance understands. Timing of the issuance, rated AAA on a local scale by Fitch, has yet to be announced. In April, Molymet VP of finance Jorge Ramirez told LatinFinance that the metals processor could diversify its funding sources with a five or 10-year tenor. Molymet is a frequent issuer in Mexico’s domestic market. Last year, BTG Pactual became the first non-Colombian to sell a global COP bond, raisi

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