Corficolombiana prepares new notes

Corficolombiana prepares new notes

Bonds Debt Corporate & Sovereign Strategy Capital Markets Fixed Income Colombia

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

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