The Nutresa group made on Tuesday the largest bond placement in the private sector in the history of Colombia and With that movement the Gilinski group sealed the purchase of this food multilatine.
With this operation a business that began four years ago and the repurchase of the shares to the Arab Group IHC Capital Holding is financed in the long term. One of the protagonists of the OPA launched by the Gilinski group for food conglomerate control.
The placement of bonds was for US $ 2 billion to five and 10 years, with interest rates of 8% and 9%, respectively. The operation counted With the support of entities JP Morgan, BTG Pactual, Citi, Deutsche Bank and Goldman Sachs. He received a lawsuit of up to US $ 5,000 million, according to LR.
This is The largest bond placement operation in the history of Colombia, Apart from those made by Ecopetrol in the years 2014, 2020 and 2023.
At the same time, It became the most important transaction of a company in Latin America in about two yearS, from that made by Pemex in January 2023.
“After the guide was published with an initial yield of 8% and 9%, the demand remained firm and continued to grow – an unusual dynamic that highlighted the solidity of Nutresa’s credit history And the deep confidence of investors, “said the company in a statement shared to the Financial Superintendence at the close of the market.
In the textthe company reported that final price setting “It reflected an adjustment of 25 basic points from the initial price ranges (IPT), with a participation led by emerging market accounts focused on Latin America.”
A dynamic that stood out “It firmly establishes Nutresa as a new reference name in the region. “
It is important to remember that this bond emission operation It had already been announced since the beginning of March this year and authorized by the company’s board of directors last February.