Printer Friendly

-Colombian Banco Popular to issue COP400bn bonds on 25 Jan - report.

BANKING AND CREDIT NEWS-January 19, 2012--Colombian Banco Popular to issue COP400bn bonds on 25 Jan - report(C)2012 M2 COMMUNICATIONS

19 January 2012 - Colombian lender Banco Popular SA intends to issue COP400bn (USD219m/EUR171m) of securities on 25 January, Bloomberg reported on Wednesday.

The lender will sell 18-month bonds linked to the IBR interbank rate and 24-month securities linked to the DTF interbank rate, according to an e-mailed statement by Alianza Valores, which is handling the offers.

Banco Popular also will sell 36-month and 60-month inflation-linked securities, the broker said.

The initial debt offer will be worth COP250bn.

((Comments on this story may be sent to

COPYRIGHT 2012 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 Banking & Credit News (BCN)
Date:Jan 19, 2012
Previous Article:-State Street's income surges in Q4 2011.
Next Article:-Goldman Sachs exceeds expectations despite drop in Q4 2011 profit.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters