Colombia’s equity market is the one bright spot in Latin America in an otherwise disappointing year for the region so far. And the pipeline remains strong.
Energy company Empresa de Energía de Bogotá, retailer Almacenes Éxito and financial services provider Grupo Suramericana are all rumoured to be considering issuances over the next 12 months, market volatility notwithstanding.
Local bank Davivienda, which undertook a Ps416 billion [$230 million] IPO last August, is also understood to be considering issuing a follow-on.
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