Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging from online lending and digital payments, to business finance and wealthtech.
Banco Popular offers local bonds
Banco Popular offers local bonds Colombian lender could raise up to $131 mln in a three-part deal on Thursday
Corporate & Sovereign StrategyBondsDebtFixed IncomeColombiaCapital Markets Banco Popular, one of the banks owned by Colombian holding company Grupo Aval, said it plans to sell at least COP350 billion ($92 million) worth of bonds in a three-part deal on Thursday, according to a securities filing.
The bank added that it could increase the size of the deal to COP500 billion to meet demand in a Dutch auction.
The Colombia lender will issue five-year bonds at a fixed interest rate at a fixed annual interest rate of up to 7.05%. It will also issue five-year notes at a the IP
Colombia s Grupo Aval says first quarter net profit up 7 85% msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Colombia s Grupo Aval says first quarter net profit up 7 85% reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.