Findeter Postpones Securitization

Colombia’s Findeter has postponed a COP250bn ($139m) domestic bond that had been scheduled to price today, according to a source familiar with the process. The new timing is unclear. The securitization of Findeter’s loans was set to have the option of an up to COP120bn 2-year tranche, an up to COP144bn 4-year tranche, and an up to COP136bn 6-year tranche. Findeter is managing the sale, rated AAA on a national scale.