June 20, 2019 |
Colombia's state-backed financing agency Findeter said it has sold the first sustainable bonds in the local market, raising COP400bn ($123m) from the two-part deal.
Findeter divided the deal into COP133bn in five-year notes and COP267bn in seven-year notes. The 2024 notes priced at 254bp over the IPC consumer price index, while the 2026s priced at 290bp over the IPC, Findeter said in a press release.
Orders reached COP1.03tn, or 3.44 times the amount offered, Findeter added.
The agency received
Colombia's state financing agency raises $123m for green and social projects through a two-part deal in the local market