Colombian gas company Promigas to offer $193 mln in domestic bonds
BOGOTA, March 10 (Reuters) - Colombian gas distributor Promigas will issue bonds for up to 500 billion pesos ($193 million) on the domestic market on Tuesday, which it will use to fund its investment plan for the next two years and to substitute existing debt, it said.
Promigas will offer 4-year, 7-year and 15-year bonds, the yields of which will be tied to the Consumer Price Index inflation measure, plus an additional percentage, the company said in a statement.
($1 = 2,592.86 Colombian pesos) (Reporting by Nelson Bocanegra; Writing by Julia Symmes Cobb)
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