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Leasing Bancolombia Issues Bonds
Leasing Bancolombia has issued COP220bn ($121m) in local bonds. The issue was made in 3 tranches. A 3-year COP78.4bn piece pays 1.20% over DTF, a 5-year COP53.6bn pays a fixed rate of 7.50% and a 10-year COP88.0bn piece pays a fixed rate of 8.14%. Total demand of the AAA rated notes soared to COP423.5bn. Valores Bancolombia handled the sale.