Colombia sets IPTs on tap of 2045 bond
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)
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