Colombia launches US$1bn tap of 5% 2045 bond at T+253bp -sources

lunes 23 de marzo de 2015 12:03 GYT

NEW YORK, March 23 (IFR) - The Republic of Colombia, rated Baa2/BBB/BBB, has launched a US$1bn tap of its 5% 2045 bond at Treasuries plus 253bp, two market sources said on Monday.

The launch price is 12bp tighter than initial price thoughts of T+265bp issued earlier today.

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

(Reporting by Mariana Santibanez and Mike Gambale; Editing by Natalie Harrison)