Findeter issues first sustainable bonds

Findeter issues first sustainable bonds

Bonds Debt Capital Markets Fixed Income Economy & Policy Colombia

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 receiv

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