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Banco de Bogotá eyes US dollar-denominated bond sale


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Banco de Bogotá eyes US dollar-denominated bond sale

is planning for a benchmark-sizesubordinated bond issuance, Reuters reported, citing "a source with knowledgeof the situation."

The prospectiveissue will be denominated in U.S. dollars and qualified for a Tier 2 tranche underColombian regulations, the report said. The source noted that the bond will takethe structure of the bank's current 5.375%, 2023 notes.

The bank hasreportedly appointed Credit Suisse, HSBC and JPMorgan to set up meetings in London,New York, Los Angeles and Boston between May 3 and May 6 for the planned bond sale.