December 11, 2020 |
Colombia's state-run student loan agency Icetex plans to issue up to COP470 billion ($134 million) in its first social bonds on December 17, a spokesperson told LatinFinance in an email.
Icetex announced its intention to sell social bonds in the local market earlier this week, saying it will offer notes with maturities of one to 15 years in UVRs, an indexed unit of account adjusted for inflation.
"This is Icetex's first bond issuance," the spokesperson said. "It is a part of a COP2 trillion prog
Colombia's student-loan agency plans to raise $134 mln in the local market before the end of the year