Public utility bond issue sets record for sale in Colombian pesos
Thursday, November 2, 2017
![](https://www.centralamericalink.com/storage/images/2017/11/02/201711021131280.peso-colombiano2.jpg)
The public utility company owned by the Colombian city of Medellin has issued $764 million in bonds on the international market in a bid to pay dollar-denominated debt, the company said.
The Empresas Publicas de Medellín (EPM) bonds come due in 10 years and have a yield of 8.375 percent. It is the largest ever sale of bonds denominated in Colombian pesos on the international market.
Source: Reuters