Bloomberg News

Banco de Bogota SA Sells $600 Million of Securities Abroad

December 12, 2011

Dec. 12 (Bloomberg) -- Banco de Bogota SA, Colombia’s second biggest bank, sold $600 million worth of five-year bonds in overseas markets today.

The lender sold the 5 percent dollar-denominated securities to yield 5.25 percent, according to a filing on the financial regulator’s website. Banco de Bogota, which had initially offered to sell $500 million worth of the bonds, said investor demand totaled more than $3.2 billion.

Citigroup Inc., HSBC and JPMorgan Chase & Co. managed the sale.

--Editor: Marie-France Han

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


Soul Searcher
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus