Bloomberg News

Cementos Argos to Offer 300 Billion Pesos of Bonds in Colombia

April 10, 2012

Cementos Argos SA (CEMARGOS), Colombia’s biggest cement maker, will offer to sell 300 billion pesos ($167 million) of bonds in the local market tomorrow.

The Medellin-based company will offer 18-month debt to yield as much as 1.85 percentage points above the IBR interbank rate and 2- and 3-year securities linked to the DTF interbank rate, according to the offer published in La Republica newspaper.

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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