This week we discuss Medellín's fight against perverts, the torture of chickens in Bogotás metro project, Petro's failed health reform initiative, and much more.
The move further weakens Colombia’s precarious financial position brought on by the COVID-19 pandemic, causing an almost 7% contraction in the country’s economy. Fitch may likely downgrade Colombia as well, as the country already sits at the firm’s lowest investment grade before...
Colombia’s central bank has announced the commencement of a global offering of additional global bonds to be denominated in US dollars due 2031, to be fungible with and to form a single series with the outstanding US $1 billion aggregate principal amount of Colombia's global...
Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by...
The City of Bogotá controlled telecommunications company, Empresas Telefonicas de Bogotá (ETB) (BVC:ETB) has seated a newly formed board of directors that, in their first meeting, elected Jorge Castellanos Rueda (above) as the new president. In Colombia, it is common for...