trending Market Intelligence /marketintelligence/en/news-insights/trending/-K8NEELQ0qN4_Lw4KN90cw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Colombia's Banco W to offer up to 100B pesos in ordinary bonds

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Colombia's Banco W to offer up to 100B pesos in ordinary bonds

Banco W SA will issue ordinary bonds on Nov. 29 worth up to 100.00 billion Colombian pesos, according to a Nov. 28 securities filing.

The issuance will be composed of 100,000 ordinary bonds with a nominal value of 1.0 million pesos each.

The offering will be comprised of a two-year A series with sub-series A2, carrying an interest rate of 7.60%.

The bonds will have a partial guarantee from Corporación Andina de Fomento for a maximum amount of 36.0 billion pesos, or equivalent to 15.0 million dollars, the bank said.

Valores Bancolombia SA Comisionista de Bolsa is acting as lead agent.

As of Nov. 27, US$1 was equivalent to 2,977.94 Colombian pesos.