Colombia sets IPTs on tap of 2045 bond

lunes 23 de marzo de 2015 08:26 GYT

NEW YORK, March 23 (IFR) - The Republic of Colombia, rated Baa2/BBB/BBB, has set initial price thoughts of Treasuries plus 265bp area on a maximum US$1bn tap of its outstanding 5% June 2045 bond.

Deutsche Bank, HSBC and Itau BBA are expected to price the deal later on Monday.

(Reporting by IFR; Writing by Natalie Harrison; Editing by Marc Carnegie)