ISA Considers Refi

Colombia’s ISA could look to refinance at least $300m of debt tied to its Peruvian operations through a transaction in the international markets, CFO Camilo Barco tells LatinFinance. He expects his company would generate substantial investor interest, based on a flight to quality mentality among buyers and the perception of ISA as a low-risk name in a popular sector. ISA, which operates in Brazil, Peru, Chile, Bolivia, Ecuador, Argentina and Central America, last issued bonds in December of last year. The $154m-equivalent sale included 12 and 30 year domestic notes.