GEB prices local bond issue

GEB prices local bond issue

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Colombia

Bogotá's city-owned energy company Grupo Energía Bogotá (GEB) sold COP262 billion ($64.6 million) worth of peso-denominated bonds in a two-part deal in the local market on Thursday, according to information from the BVC stock exchange in Bogotá. GEB priced COP179 billion in 15-year notes at the IPC consumer price index plus 5.33% after opening the bidding at the IPC plus 3.87%. Demand for the 2037 notes reached COP342 billion. It also priced COP83 billion in 22-year inflation-linked bonds at a f

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