SerFinanza prints local notes

SerFinanza prints local notes

Corporate & Sovereign Strategy Bonds Debt Fixed Income Colombia Capital Markets

Colombian lender Banco SerFinanza raised COP172 billion ($45 million) in a two-part debt sale in the local market, according to the BVC stock exchange in Bogotá. The Barranquilla-based bank priced COP90.5 billion worth of three-year notes at a fixed rate of 6.04% in a Dutch auction after setting the opening price at 6.3%. The 2024 notes were 1.3 times oversubscribed, according to the BVC. The bank also issued COP81.7 billion worth of three-year notes at the IPC consumer price index plus 2.13% af

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