Corficolombiana prints first social bonds in local market

Corficolombiana prints first social bonds in local market

Corporate & Sovereign Strategy Bonds Debt Fixed Income Colombia Capital Markets Social Bonds

Corficolombiana issued its first social bonds in the local market on Wednesday and raised COP500 billion ($133 million) in a two-part deal, according to information from the BVC stock exchange in Bogotá. The Bogotá-based financial services firm priced COP100 billion in five-year notes at the IPC consumer price index plus 2.9% after opening the bidding at IPC plus 3% in a Dutch auction. It also priced COP400 billion in 12-year notes at IPC plus 4.15%, according to the BVC. Total orders reached CO

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