El Cóndor adds options to local bond program

El Cóndor adds options to local bond program

Corporate & Sovereign Strategy Bonds Debt Fixed Income Colombia Capital Markets

Colombia's construction company Construcciones El Cóndor has received regulatory approval to execute bond swaps and issue guaranteed notes, it said in a securities filing on Wednesday. Securities regulator Superfinanciera authorized the changes to El Cóndor's COP500 billion ($137 million) bond program in the local market, which the company initially registered in December 2019, according to a filing.  Medellín-based  El Cóndor issued the first bonds in the program on December 10, 2019, when it

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