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Published on 7/11/2007 in the Prospect News Emerging Markets Daily.

Bogota announces starts marketing $300 million local-currency bond issue on Thursday in London

By Aaron Hochman-Zimmerman

New York, July 11 - The City of Bogota will market the equivalent of $300 million of bonds (Ba1/BB+/BB+) in Colombian pesos, according to a market source.

The roadshow will visit London on July 12 and July 13, the U.S. west coast on July 16 and New York and Boston on July 17 and July 18.

Citigroup and Deutsche Bank will act as bookrunners.

The bonds will amortize in equal parts in 2026, 2027 and 2028. They are payable in dollars.


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