Titularizadora Places RMBS

Mortgage securitizer Titularizadora Colombiana has sold COP117bn in RMBS on the domestic market. The 2019 bond pays 5.70%, according to Titularizadora, and was 2.4x subscribed. COP129bn in 2019 senior and 2024 subordinated tranches is set to be sold today. The deal rated AAA on a national scale is secured by mortgages from Bancolombia and Davivienda. Titularizadora coordinated the issue.