February 18, 2021 |
Colombian bank Davivienda offered on Wednesday to sell COP500 billion ($142 billion) worth of five-, seven- and 10-year bonds in the local market, according to a securities filing.
Davivienda said it will sell the bonds in a Dutch auction on Thursday and added that it could increase the total size of the sale to COP700 billion to meet demand, it said.
The bank will issue the five- and seven-year bonds in Colombian pesos, while it will offer the 10-year bonds in UVRs, units of account that adjus
Colombian bank aims to raise $142 mln in a three-part deal with five-, seven- and 10-year bonds