Industry News
UBS O’Connor and Gramercy Provide USD100m Credit Line to Colombia’s Credivalores
16 May 2022
(Valora Analitik) Credivalores announced that it had signed a new line of credit for US$100 million that would be used to meet the maturity of its bonds in dollars in July.
Said line is committed to the international funds UBS O’Connor and Gramercy, and has a term of 36 months with an availability period of 12 months from its signature and amortization of capital from the 24th month from the signature, in order to achieve a half-life of the facility of about 2.54 years. Read more Market News .
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