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Emerging MarketsEM LatAm

GEB waits on local market improvements after seizing dollar blowout

Bogota, downtown, lights, night, capital city, LatAm, GEB, Grupo Energia Bogota, 575, Colombia

The president of Grupo Energía de Bogotá (GEB) told GlobalCapital that the issuer’s faith in demand for its bonds had allowed it to tighten pricing sharply on its long-awaited return to bond markets last week, as the company waits for an improvement in domestic market conditions to continue its capital markets activity.

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