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Report: Grupo Sura issues 10-year note


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Report: Grupo Sura issues 10-year note

Gruposura Financesaid it issued a 10-year senior unsecured note offering that raised $550 million,Reuters reported.

The notes, whichare guaranteed by Grupo de InversionesSuramericana SA, were priced initially at $540 million at a yield of5.75% with a variation of 10 basis points. The note was upsized to $550 millionat 5.65% upon launch, the report said.

Bank of Americaand JPMorgan served as active book runners.