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Article: CSFB paper to be securitized in Colombia.(Credit Suisse First Boston USA)(Brief Article)
- Article from:
- Asset Securitization Report
- Article date:
- April 28, 2003
- Author:
CopyrightCOPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A peso securitization of dollar-denominated paper from a division of Credit Suisse First Boston has entered the Colombian domestic pipeline. Sized at Ps300 billion (US$103 million), the deal is backed by three bonds issued by CSFB USA in the U.S. market between 1995 and 2001. The paper matures in 2005, 2008 and 2011. Fiduciaria del Valle will be the trustee. The deal will be denominated in local currency and divided into three series. One will carry a fixed rate, another will be tied to the DTF benchmark rate, and the third will be indexed to inflation. Each tranche, in turn, will be split up to ...