March 6, 2020 |
Colombian telecommunications company UNE EPM Telecomunicaciones, which does business under the brand name Tigo, sold COP150 billion ($42.4 million) worth of 2030 notes in the local market on Wednesday, according to securities filings.
Tigo priced the 10-year notes at a fixed rate of 6.6% after holding a Dutch auction with an undisclosed opening price, the company said in a filing to the BVC stock exchange in Bogotá.
Bancolombia led the deal with Davivienda and Credicorp as the other bookrunners,
Colombian telecom opens new debt program with $42 mln in 10-year notes