Banco W to issue $44.86 mn in social bonds

Banco W plans to make a first issue of social bonds for Col$160 billion ($44.86 million), following the approval by the Financial Superintendence of Colombia of the Programme for the issuance and placement of ordinary and social bonds for Col$500 billion ($140.18 million). This would be the entity’s third bond issue in the main market, and the first issue with a certified social focus made in this market by a private financial entity in Colombia.

Source: Portafolio