August 21, 2019 |
Corficolombiana plans to sell COP500bn ($147m) in new notes in the local bond market next week, rising money to cover general corporate expenses, LatinFinance has heard.
The financial services firm has picked Casa de Bolsa, a brokerage firm owned by the same parent company, Grupo Aval, to manage the sale and also hired the brokerage divisions of Credicorp and Davivienda as joint placement agents, said a fund manager in Bogotá.
Corficolombiana could divide the deal into one series of five- to se
Colombian financial firm aims to raise $147m from a two-part deal in the local bond market, source says