Colombia begins marketing euro benchmark-sized 10-year bond

miércoles 16 de marzo de 2016 05:10 GYT
 

By Michael Turner

LONDON, March 16 (IFR) - Colombia has begun marketing a euro-denominated benchmark-sized 10-year bond at 4.125% area, according to a source.

BBVA, Goldman Sachs and JP Morgan are running the transaction.

The SEC-registered deal is expected to be Wednesday's business.

Colombia will use the funds for general budgetary purposes.

The sovereign is rated Baa2 by Moody's and BBB by Standard & Poor's and Fitch. (Reporting by Michael Turner; editing by Sudip Roy)