Davivienda deals local notes

Davivienda deals local notes

Bonds Debt Capital Markets Fixed Income Colombia Andean

Colombian lender Banco Davivienda raised COP700 billion ($205 million) from a three-part bond deal in the local market, according to the Colombian stock exchange BVC. The Bogotá-based lender split the deal into three parts with COP244 billion in five-year notes, COP169 in seven-year notes and COP287 in inflation-linked 12-year notes. The five-year notes priced at a fixed rate of 6.04% per year, while the seven-year notes came to 6.24% and the 12-year notes priced at 2.84%, according to the BVC.

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial