KOA issues $85B bond on Colombian exchange, split into two tranches

KOA has launched a bond issuance on the Colombian Stock Exchange totaling $85 billion, structured as Title A ($75B) for the investor market and Title B acquired by KOA itself. The split suggests a partial self-subscription, possibly to anchor the deal or manage liquidity. This is a notable capital markets transaction in Colombia, though details on pricing and use of proceeds remain undisclosed.