Bancolombia preps new notes for buyback

Bancolombia preps new notes for buyback

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Funds Colombia US

Bancolombia has hired Citi and JPMorgan to lead the sale of 10-year non-call five bonds, looking to raise money to fund the buyback of up to $750 million in outstanding notes, a source familiar with the details of the deal told LatinFinance on Tuesday.  An investor roadshow will kick off in Colombia December 2, before moving on to New York, Lima, Santiago, Boston, London and Los Angeles, the source said. The bank is targeting for repurchase its 6.125% 2020 notes and its 5.125% 2022 notes, with t

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