Leasing Bancolombia SA, the leasing arm of Colombia’s biggest lender, sold COP220 billion ($121 million) worth of bonds in the local market.
Leasing Bancolombia sold five- and 10-year fixed-rate securities to yield 7.5% and 8.14%, respectively, Colombia’s stock exchange said in a statement. The company also sold three-year bonds to yield 1.2 percentage points above the country’s interbank benchmark rate, known as DTF. Investor demand for the securities totaled COP423.5 billion, according to the statement.
(Andrea Jaramilla / Bloomberg)