November 27, 2019 |
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
Colombian bank will use proceeds from a 10-year offering to repurchase up to $750 mln in 2020 and 2022 bonds