Banco de Bogota Readies COP Bonds

Banco de Bogota plans to sell COP200bn in April, CFO Maria Luisa Rojas tells LatinFinance. The notes rated AA+ on a local scale will have a maturity of 7-10 years. Proceeds are for working capital. In February, the bank’s president told local media to expect an issue of up to COP300bn. Banco de Bogota and Valores Bogota will manage the sale.