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GEB Launches $605 Million Securities Program in Colombia

GEB has launched a 2.5 billion pesos ($605 million) securities program in Colombia, assisted by Holland & Knight. This strategic move is aimed at bolstering GEB’s financial capacity for infrastructure projects in the region.

Grupo Energía Bogotá (GEB) has successfully launched a securities program in Colombia valued at 2.5 billion pesos, equivalent to approximately US$605 million. This initiative was facilitated by Holland & Knight (Colombia), which played a key role in structuring the program and ensuring its compliance with local financial regulations. The launch positions GEB to enhance its capital market reach and support its ongoing infrastructure projects.

The successful launch of GEB’s securities program represents a significant step in enhancing its financial capabilities within Colombia’s capital markets. Backed by expert assistance from Holland & Knight, this program aims to leverage a substantial amount of funds to support GEB’s strategic objectives.

Original Source: www.latinlawyer.com

Nina Patel

Nina Patel has over 9 years of experience in editorial journalism, focusing on environment and sustainability. With a background in Environmental Science, she writes compelling pieces that highlight the challenges facing our planet. Her engaging narratives and meticulous research have led her to receive several prestigious awards, making her a trusted voice in environmental reporting within leading news outlets.

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