Colombia’s Davivienda seen offering more favorable rate for new notes

Colombia’s Davivienda seen offering more favorable rate for new notes

Bonds Debt Capital Markets Colombia

Colombian bank Davivienda plans to raise up to COP600bn ($186.7m) in peso notes next week and will likely pay a more favorable rate than its most recent bonds, bankers told LatinFinance The Bogota-based lender will issue three-year and 10-year notes via lead bookrunner Bancolombia, said a source at the Medellin-based bank.  The bank plans to offer between COP400bn and COP600bn on July 17. Despite growing political risks stemming from Colombia’s troubled peace deal, the issue will likely draw s

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