Mibanco sets up first bond sale in Colombia

Mibanco sets up first bond sale in Colombia

Corporate & Sovereign Strategy Bonds Debt Fixed Income Mexico Capital Markets ESG Social Bonds

The Colombian subsidiary of Peruvian microlender Mibanco said Friday that it intends to issue COP150 billion ($40.4 million) worth of social and gender bonds in its first issue in the local market, according to a securities filing. Mibanco plans to print a four-part deal in pesos and inflation-linked UVRs with maturities of three and five years, raising funds for new microcredits for women as part of a focus on promoting gender equality, Fitch Ratings said in a report.  Fitch assigned the propos

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