BBVA Colombia Issues $218 Million in Shares

Reported about 2 months ago

BBVA's Colombian unit has successfully issued ordinary shares worth 877 billion pesos (approximately $218 million) through the Colombian stock exchange. The initial tranche included 3.24 billion shares priced at 270 pesos each, with an additional 152.7 million shares expected to be issued later. The funds raised will be used to bolster capital for growth in the region.

Source: YAHOO

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