Titularizadora Poised to Return

Colombian mortgage securitization specialist Titularizadora is planning to issue COP379.3bn ($198m) of fixed-rate MBS in the local markets today. The issue is rated AAA. In September, Titularizadora sold COP258bn of senior RMBS bonds after generating a book that was 1.5x oversubscribed. The bonds were backed by loans originated by Bancolombia and Davivienda.