Colombia Credit Chief Eyes $4 Billion Buyback of External Bonds

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Colombia is planning to repurchase some $4 billion of its bonds, according to public credit director Javier Cuellar, its third buyback of hard-currency notes in the past year. The bonds are outperforming all their emerging-market peers on Tuesday.The country, which just completed a buyback in the local market, is planning a tender offer for some of its hard-currency notes in the “near term,” the official said in an interview on the sidelines of the IMF-World Bank meetings in Washington, DC.