Davivienda Upsizes, Raising $279m Equivalent

Colombia’s Banco Davivienda has sold COP500bn ($279m) in domestic bonds, upsizing from COP400bn after getting 3.4x demand. A COP90bn 2013 tranche pays the IBR+1.68%, a COP90bn inflation-linked 2015 tranche pays 3.60%, a COP159bn inflation-linked 2019 tranche pays 3.99%, and aCOP161bn inflation-linked 2022 potion pays 4.23%. Davivalores managed the sale, rated AAA on a national scale.