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//Financiera de Desarrollo Nacional
Buses nuevos de Transmilenio en la planta de carrocera de Pereira
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$131.3 Billion COP Bond Placement Oversubscribed For Renovation of Bogotá’s Transmilenio Bus Fleet

A bond issue was successfully completed last month in the amount of $131,350,000,000 Colombian pesos (Approximately $38.6 million USD) to finance the acquisition of the Transmilenio Phase I and II municipal bus fleet for the city of Bogotá’s 80th Street yard. The transaction was...
Posted OnAugust 13, 2019
, ByLoren Moss
Clemente del Valle Borráez, outgoing president of FDN - Financiera de Desarrollo Nacional, Colombia
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FDN President Clemente del Valle Borráez Submits Resignation

Today the board of directors of Financiera de Desarrollo Nacional, Colombia’s national development finance entity that supports the financing of major public works projects announced that the agency’s president, Clemente del Valle Borráez (above photos) has stepped...
Posted OnMarch 27, 2019
, ByLoren Moss
colombia 4G highway 4G infrastructure
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Colombia Secures $523 Million USD in Financing for ‘Ruta de Cacao’ Roadway Project in 4G Program

This is now the 14th project to receive funding within the 4G program and the first to close financing since President Iván Duque took office in August.
Posted OnOctober 31, 2018
, ByJared Wade
colombia 4G highway 4G infrastructure
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With New $50 Million USD Line of Credit, Colombia’s FDN Can Issue More Dollar-Based 4G Loans

The dollar-based line of credit comes from the Central American Bank for Economic Integration (BCIE).
Posted OnJune 9, 2018
, ByJared Wade
(Photo credit: skeeze / Pixabay)
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FDN Extends Additional $25 Million USD Credit for 4G Roadway Project Autopista al Mar 1

This adds to the original loan of nearly $125 million USD (350 billion pesos) that was approved in December 2017.
Posted OnApril 27, 2018
, ByJared Wade
colombia 4G highway 4G infrastructure
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Inter-American Development Bank and Colombia’s FDN Sign $200 Million USD Loan Agreement to Promote 4G Road Development

The loan will “give a big boost” to the massive 4G road construction project underway in Colombia.
Posted OnNovember 10, 2017
, ByJared Wade
Luis Fernando Mejia Colombia DNP Departamento Nacional de Planeacion
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Exclusive Interview: New DNP Head Luis Fernando Mejía Works to Cut Regulation and Streamline Logistics in Odebrecht-Clouded Colombia

Luis Fernando Mejia offers a candid view of the nation's competitive challenges, the cloud of corruption that Odebrecht has created, and the future of regulations in Colombia.
Posted OnJune 20, 2017
, ByJared Wade
bogota colombia imf growth
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Inter-American Development Bank Grants Colombia $450 Million USD Loan for Financial System Reforms

The proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnerships, strengthen regulation, and promote financial inclusion.
Posted OnJune 9, 2017
, ByJared Wade
Luis Fernando Andrade colombia ANI bonds loans derivatives andes 2017 colombia bogota loren moss
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Bonds, Loans & Derivatives Andes 2017 Brings Nearly 400 Executives and Officials to Bogotá to Discuss Regional Finance Trends

Alex Johnson of GFC Media Group called the event "a must-attend for anyone wanting to meet and do business with the region’s senior-level market makers."
Posted OnApril 8, 2017
, ByJared Wade
colombia road project 4G
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Inter-American Development Bank Announces Disbursement of Loan to Fund Road Renovation Near Bogotá

The Eastern Perimeter Highway project will expand and improve 154 kilometers of roads as well as build eight small bridges.
Posted OnSeptember 22, 2016
, ByJared Wade
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RECENT

POPULAR

COMMENTS

Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)

Tecnoglass To Hold Q1 2021 Earnings Call The Morning Of May 7

Posted On April 13, 2021

Etek Launches Identity & Access Management Service

Posted On April 13, 2021

GCA Airlines Files To Fly New Routes To Bucaramanga, Santa Marta, San Andrés & Pereira, Colombia

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Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

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