Promigas prices cross-border debut

Promigas prices cross-border debut

Bonds Debt Capital Markets Fixed Income Energy Gas Colombia Andean

Colombia's Promigas has raised $400m from its first debt sale in the cross-border bond market, issuing 10-year notes at 230bp over the US Treasury notes, a market source told LatinFinance. The bookrunners Citi and JPMorgan had set the initial price talk at 262.5bp over US Treasury notes, before tightening the spread by 32.5bp as investors piled into the latest dollar-denominated notes from a Colombian corporate issuer, said a debt capital markets banker in New York. The bonds priced at 99.234 wi

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial