GNB Sudameris prepares peso paper

GNB Sudameris prepares peso paper

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Colombia

Colombia's Banco GNB Sudameris is looking to issue up to COP500 billion ($130 million) in local bonds before the end of 2020, according to a statement from Value and Risk Rating on Tuesday. V&R assigned the proposed bonds a AA rating with a stable outlook, saying the bank has a "high" capacity to make its debt payments. GNB Sudameris last issued bonds in the local market in November 2017, when it sold COP119 billion worth of seven-year notes at the consumer price index (IPC) plus 3.85% and C

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