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Tuesday, April 10, 2012

Cementos Argos to Offer 300 Billion Pesos of Bonds in Colombia

Colombia’s biggest cement maker, will offer to sell 300 billion pesos ($167 million) of bonds in the local market tomorrow.

The Medellin based company will offer 18-month debt to yield as much as 1.85 percentage points above the IBR interbank rate and 2 and 3 year securities linked to the DTF interbank rate, according to the offer published in La Republica newspaper.

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