Colombia jails US citizen on femicide charges
Colombia preparing tropical paradise for tourism after 500...
Hacktivists leak 178,000 documents from Colombia’s military
Colombia’s sentenced for exterminating political party
Colombia’s capital Bogota awarded for failing crime policy
OAS urges Colombia to release people arrested over...
Colombia’s war crimes tribunal hears notorious former warlord
Colombia’s GDP and GNI
Panama arrests US citizen suspected in Colombia of...
Colombia seeking mastermind behind Paraguay prosecutor kill plot
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

EEB rolls over $610M in international bonds

by Adriaan Alsema November 4, 2011

Colombia EEB

Colombian state-run utility firm Empresa de Energia de Bogota, or EEB, completed the roll over of $610 million worth of international bonds that were coming due three years from now.

The company bought back existing bonds issued in 2007 that had a 8.75% interest rate and a due date of 2014 and sold $610 million at a rate of 6.125% with a due date of 2021.

Demand for the bonds was 4.7 times higher than the amount offered, EEB said in a statement.

The company also sold this COP772 billion ($409 million) in a secondary share placement in the Bogota bourse earlier this week.

EEB controls several energy utility firms in Colombia and is also moving to expand its operations abroad. The firm already has plans to enter Peru and Guatemala, and is also considering a natural gas transportation business in Chile.

The company’s expansion projects calls for $956 million in new spending starting in 2012.

economyeebenergy

Trending

  • Panama arrests US citizen suspected in Colombia of murdering fiancé

  • Colombia’s capital Bogota awarded for failing crime policy

  • Colombia’s war crimes tribunal hears notorious former warlord

For patrons

Downloads for patrons

Related articles

  • Colombia’s GDP and GNI

  • Inflation

  • Colombia’s peso could end up losing 25% against US dollar in 2022

  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion