Colombia’s ISA preparing to issue $400 mn in bonds this year

Colombian conglomerate ISA is gearing up to issue $400 million in bonds globally this year, to finance part of its investments, and will sell its technology subsidiary Internexa, the company’s chief executive said on Friday. “We want to grow the roads businesses from 18% of income to 25%, we are looking for opportunities in Colombia and Peru especially, but also in Chile and, if possible, in other countries as well,” sad ISA CEO Bernardo Vargas.

Source: Nasdaq