Colombian investors shun water finance bonds
- From: Vol 10, Issue 7 (July 2009)
- Category: General
- Region: Americas
- Country: Colombia
- Related Companies: Grupo Financiero de Infraestructura (GFI) and PanAmerica Capital Partners
Local investors have stymied plans by a financial firm to raise money to help municipalities fast-track water infrastructure projects.
Plans by a private group in Colombia to raise capital on the bond markets to help finance municipal water and sewerage infrastructure projects have stumbled after institutional investors judged the political risk associated with the projects to be too high.
In early July, Grupo Financiero de Infraestructura (GFI) – a financial firm partly owned by New York-based PanAmerican Capital Partners – offered ...
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