Leasing Bancolombia has raised $272.9 million through a bond sale, Bloomberg reports. The Colombian lender sold five and 10.5 year fixed-rate securities, which will yield 8.04% and 9.05%, respectively.
Bancolombia sold 1.5 and three year debt to yield 1.44 and 1.75% above Colombia’s IBR interbank rate. The bank also sold two year bonds to yield 1.9% above the DTF interbank rate, while a 10 year security was sold to yield 1.75% above inflation.
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