August 28, 2019 |
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
Colombian financial firm increases the offer to $144m as orders reach $237m in a three-part deal