Bloomberg News

Empresa de Energia de Bogota to Sell 700 Billion Pesos of Shares

September 30, 2011

Sept. 30 (Bloomberg) -- Empresa de Energia de Bogota SA, Colombia’s second-biggest electricity distributor, said its board approved the issuance of 700 billion pesos ($365 million) of shares.

EEB, as the company is known, will sell the shares at 1,300 pesos each, it said in a filing late yesterday. The plan is subject to approval by the financial regulator, according to the statement.

--Editor: Brendan Walsh

To contact the reporter on this story: Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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