Colombian Ocensa slashes price thoughts, offers 25bp over parent

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Colombian Ocensa slashes price thoughts, offers 25bp over parent

Oliver West
April 30, 2014 05:00 AM
Colombian oil
COLOMBIA Industry Oil Exploration Guavio 1 1959 the first wildcat exploration oil rig on the edge of the Llanos in foothills of Cordillera Oriental. Texaco drillers found oil and this well was forerunner to large oil discoveries in 1980s | Press Association Images

Colombian pipeline company Ocensa plans to price its debut international bond on Wednesday after tightening initial price thoughts to official guidance that would equate to a premium of 25bp over its parent, Ecopetrol, splitting investor opinion on the value of the new deal.

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Oliver West
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