BBVA Authorizes Bond Issue Program

BBVA Authorizes Bond Issue Program


BBVA Colombia’s board has authorized a bond issue program in which up to COP200trn will be sold in 10 tranches, the bank says in a prospectus filed with the local stock exchange. A DCM banker with BBVA Valores, the shop that will manage the sale, explains that the issues will be made over a 3-year period depending on market conditions and that the maturity and issue date for each tranche has not been set yet. She also says that no date has been set for the first issue. Of the 10 tranches, 2 will

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