October 17, 2019
Itaú CorpBanca Colombia has sold COP350bn ($101m) in peso-denominated notes in the local market, according to a note from the local stock exchange BVC.
The Brazilian bank's local subsidiary split the bond sale into three parts, with COP171bn in five-year notes, COP50bn in seven-year notes and COP129bn in 10-year notes.
The five-year notes priced at a fixed rate of 6.05%, while the seven-year notes came in at 2.28% above the consumer price index IPC and the 10-year paper priced at IPC plus 2.76%,
Brazilian bank's local business completes a three-part deal for $100m