(Bloomberg) -- Colombia said that bondholders
offered to sell more than the $800 million of foreign debt the
South American country planned to buy back.
Colombia said in a statement that it will repurchase the
entire amount of the tendered bonds maturing in 2008, 2009, 2010
and 2011. It will buy back only half of the tendered 11 3/4
percent peso bonds due in 2010 and a quarter of the floating rate
notes maturing in 2013.
Read more at Bloomberg Emerging Markets News
offered to sell more than the $800 million of foreign debt the
South American country planned to buy back.
Colombia said in a statement that it will repurchase the
entire amount of the tendered bonds maturing in 2008, 2009, 2010
and 2011. It will buy back only half of the tendered 11 3/4
percent peso bonds due in 2010 and a quarter of the floating rate
notes maturing in 2013.
Read more at Bloomberg Emerging Markets News
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