Wednesday, July 11, 2007

Bogota to Sell $300 Million of Bonds in First Foreign Offering Since 2001

(Bloomberg) -- Bogota, Colombia's capital city,
plans to sell $300 million of 21-year, peso-denominated bonds in
its first offering in international markets in six years.

The city will finish the sale next week, said Gustavo
Marulanda, Bogota's acting credit public director. The bonds
will pay back principal over 2026, 2027 and 2028 and will be
payable in U.S. dollars.


Read more at Bloomberg Emerging Markets News

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