Colombian telco gets a bump to BB+ from BB thanks to $2bn capital increase
Tag: Coltel
Posted inDaily Brief
Fitch upgrades ColTel
Colombian telecommunications company gets bumped up to BB after shareholders approve a $1.6bn capital increase
Posted inDaily Brief
ColTel gets capital increase
Spanish parent Telefonica agrees to a give its Colombian subsidiary a $1.6bn injection, which includes certain debt payments
Posted inDaily Brief
Slow growth leaves Colombian corporates hamstrung
Fitch hits the country’s companies with a negative outlook, telecom sector hardest hit
Posted inDaily Brief
ColTel to stay away from bond markets in 2016
The Colombian telecom will use its own resources and bilateral loans with local banks to cover investments and other costs