Corficolombiana places local notes

Corficolombiana places local notes

Bonds Debt Capital Markets Fixed Income Colombia

Corficolombiana has placed COP500bn ($144m) in local notes after demand reached more than two times the original amount on offer, LatinFinance has heard. The Bogotá-based financial services firm had planned to sell COP400bn in the three-part deal, but it increased the size of the transaction as orders reached COP824bn, Corficolombiana said. Corficolombiana sold COP301bn in 20-year notes at 390bp over the IPC consumer price index along with COP97.4bn in 10-year notes at 307bp over the IPC and COP

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