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Prospect News home > News index > List of issuers F > Headlines for Financiera de Desarrollo Territorial SA > News item |
Colombia’s Findeter sets talk in 8¼% area for 10-year notes
By Christine Van Dusen
Atlanta, Aug. 6 – Colombia’s Financiera de Desarrollo Territorial SA (Findeter) set talk in the 8¼% area for its offering of 10-year notes (BBB/BBB/) denominated in Colombian pesos and payable in dollars, a market source said.
BofA Merrill Lynch and Deutsche Bank are the bookrunners for the Rule 144A and Regulation S deal.
The proceeds will be used for general corporate purposes.
The notes include a change-of-control put at 101%.
Findeter is a banking company based in Bogota.
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