IDB Invest Issues Second Bond in Colombia to Finance High-Social-Impact Projects
BOGOTÁ — IDB Invest issued its second bond in Colombia for COP 76.5 billion (approximately $24 million) to finance projects with high social impact, particularly those focused on small and medium-sized enterprises, a strategic sector for economic growth and job creation.
The three-year issuance, listed on the Colombian Stock Exchange (BVC), was carried out under IDB Invest’s Sustainable Debt Framework in the social category. Investors included insurance companies, which accounted for 61% of the issuance; investment funds, 33%; and trusts and consortia, 6%. Credicorp acted as placement agent, while Perez Llorca and Gomez Pinzon served as legal counsel for the transaction.
IDB Invest debuted its debt program in Colombia in 2025. This is its second issuance in the Colombian local market and is part of IDB Invest’s strategy to strengthen the development of local capital markets, in line with its priority of offering local-currency financing to its clients. IDB Invest has built a solid track record of local-currency issuances, positioning itself as a key player in mobilizing private capital toward projects with social and environmental impact.
Distribution by Investor Type
Insurance Companies | 61% |
Investment Funds | 33% |
Trusts and Consortia | 6% |
Issuance Summary
Issuer: | Inter-American Investment Corporation (IDB Invest) |
Format: | Social |
Issue Amount: | COP 76.5 billion |
Book Closing Date: | September 23, 2026 |
Settlement Date: | September 24, 2026 |
Maturity Date | September 23, 2029 |
Interest Rate: | 12.48% |
Issue Price: | 100.038% |
Listing: | Colombian Stock Exchange |
Bondholders’ Representative: | Itau |
Placement Agent: | Credicorp |
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting economic development in its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 400 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients across a variety of sectors.