Fitch Teleconference On Republic Of Colombia $1.5B Debt Offering.Business Editors NEW YORK--(BUSINESS WIRE)--March 21, 2001 On Tuesday March 27, 2001 at 3:00 pm EST EST electroshock therapy. EST abbr. electroshock therapy , Fitch fitch: see polecat. will host a teleconference to discuss the recent debt offering of $1.5 billion by the Republic of Colombia. The teleconference will be led by Fitch analysts Roger Scher and Patrick Kearns. Fitch expects to rate the Republic of Colombia's $1.5 billion partially guaranteed amortizing notes `BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. +'. The notes are supported by the International Bank for Reconstruction and Development International Bank for Reconstruction and Development (IBRD), specialized agency of the United Nations, with headquarters at Washington, D.C.; also called the World Bank. (World Bank) rolling guarantee of principal and interest for a one-year period. The rating is three notches higher than Fitch's `BB+' long-term foreign currency rating on the Republic of Colombia. A presale pre·sale n. 1. The period before something, such as a work of art, is available for sale to the public. 2. An exclusive or private sale held before an advertised sale. report, which details Fitch's analysis of the notes, is available on Fitch's web site at `www.fitchratings.com' or by contacting Market Services at 1- 800-853-4824. To participate in the teleconference, domestic callers should dial 1-800-260-0718, and international callers should dial 1- 612-332-0932 five minutes prior to the start of the call. Use the password `Colombia World Bank' to access the call. In order to ensure there are sufficient telephone lines available, if possible, please use internal conferencing See teleconferencing. capabilities for multiple listeners at your location. A replay of the conference call will be available from 6:30pm EST on March 27 until midnight on March 30, 2001. Domestic callers for the replay should dial 1-800-475-6701 and international callers should dial 1-320-365-3844 and use access code `578109'. |
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