Odinsa plans local bond market return

Odinsa plans local bond market return

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Colombia

Colombian construction company Odinsa said it intends to issue COP280 billion ($77.2 million) in local bonds to pay off outstanding notes that mature on October 4, according to a securities filing.  The company's board of directors approved plans to sell new notes on July 6, Odinsa said in the filing. "The issuance will take place at the beginning of October," Nicolás Valencia, financial planning and treasurer managing director at Odinsa, told LatinFinance in an email. "We are working with the r

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