Home / Daily Briefs / 2023 / 26 / Colombia adds to bond deal after swap

Colombia adds to bond deal after swap

Colombia adds to bond deal after swap

January 26, 2023 | Hernán Goicochea
South American country prints $2.2 bln in 2034 notes after investors turn in $533 mln worth of 2024s

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Colombia

Colombia said Wednesday that it raised a total $2.2 billion in the sale of 7.5% 2034 bonds in the international markets after investors swapped notes that mature in 2024 for newly issued ones. The sovereign issuer sold $1.8 billion worth of 7.5% 2034 bonds on Tuesday and added $533 million to the deal after bondholders turned in $401 million in 4% 2024s and $138 million in 8.125% 2024s for the new notes, the finance ministry said in a press release. "This confirms the good appetite in the intern

Already have an account?

    Forgot your password?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial