Bogota’s energy company raided in Colombia’s first big corporate spying scandal
Colombia’s Prosecutor General’s office has raided the offices of Bogota’s...
Tag: eeb
Traders cleared of wrongdoing in EEB share price drop
Colombia’s financial regulator has ruled out any wrongdoing by traders or investors during the sudden drop of EEB share prices in December. The investigation was sparked after Bogota’s state-owned electricity company...
Bogota public utility companies merger put on hold: ETB president
The new president of Bogota’s telephone company ETB has announced that its merger with the capital’s energy and water companies has been put on hold, Colombian media reported Tuesday. Saul Kattan Cohen, the new...
Bogota mayor to be investigated for EEB share plunge
Colombia’s Prosecutor General has assigned a specialist in crimes against national wealth to investigate the mayor of Bogota Gustavo Petro, Colombia media reported Tuesday. Mayor Petro is alleged to have caused economic...
Bogota mayor-elect claims shareholding irregularities by EEB
Bogota’s mayor-elect Gustavo Petro alleged Monday that there had been irregularities in the massive buying and selling of shares by the Colombian capital’s energy company last week. Petro said that he observed the...
Petro suggests EEB buy own shares to prevent further price drops
The mayor-elect of Bogota asked the management of city-run electricity company EEB to “use the share buying fund to prevent speculative blows” Friday. The share value of EEB fell by 17% in two days, a loss equivalent...
Bogota mayor elect denies causing EEB share plunge
Bogota’s mayor-elect has denied causing the shares of the city’s government owned electricity supplier to plummet, reported Bloomberg Wednesday. Shares in Empresas de Energia de Bogota, the country’s second...
EEB rolls over $610M in international bonds
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...
EEB says it’s confident of share placement success
Colombian utility firm Empresa de Energia de Bogota is poised to successfully complete a stock sale later this week to finance its overseas expansion plans, the company’s chief executive said in an interview. The company...
EEB Colombia says to issue $610M foreign bonds
Shareholders of Colombian utility Empresa de Energia de Bogota (EEB) authorized on Friday the issuance of foreign bonds of up to $610 million to repurchase existing debt. EEB said that the issuance would be used to buy back...
‘Colombian utility companies are examples for continent’
Colombian utility companies with optimum national supply and ability to expand into foreign markets are examples to others in Latin America, stated an industry specialist, financial publication Portafolio reported Sunday....
