Titularizadora Plans RMBS Issue

Securitization specialist Titularizadora Colombiana is planning to issue COP401bn ($225m) in domestic RMBS, with a COP351bn 2022 senior tranche scheduled to price August 23, according to documents associated with the offering. Titularizadora is self-managing the transaction, rated AAA on a national scale. In February, it sold COP327bn of 10-year senior RMBS bonds at 7.49%, as part of a larger COP385bn sale that included subordinated debt.