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Fitch Expects to Rate Cofide's Senior Medium-Term Notes 'BBB+(exp)'

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BOGOTA, Colombia--(BUSINESS WIRE)--Fitch Ratings expects to assign a rating of 'BBB+(exp) to Corporacion Financiera de Desarrollo's (Cofide) upcoming expansion of an existing series maturing in 2019 for an amount up to USD200 million as well as a new medium-term offering for up to USD600 million with a maturity to be determined at issuance. The notes due in 2019 carry a fixed interest rate of 3.25%. The medium-term notes will carry a fixed interest rate to be determined at closing. The final ra

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