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Gran Colombia Prices Oversubscribed US$300 Million 6 875%

Gran Colombia mines new five-year notes

Gran Colombia mines new five-year notes Gran Colombia mines new five-year notes Toronto-listed mining company raises $300 mln to refinance debt and fund a gold project in Guyana Capital MarketsColombiaDebtBondsFixed Income Gran Colombia Gold sold $300 million worth of five-year bonds on Wednesday, raising money refinance debt and fund a gold-mining project in Guyana, according to sources involved in the deal. The new 2026 bonds carried a coupon of 6.875% and priced at 99.4 to yield 7% after the initial price talk opened in the low-7% area, the source said. Total orders reached $750, he added. Bank of America, Canaccord Genuity and Morgan Stanley were the bookrunners on the deal, according to the source.

The Crisis In Venezuela

The Crisis In Venezuela
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