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Grupo Aval Successfully Places 300 Billion Pesos in Ordinary Notes
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Grupo Aval Successfully Places 300 Billion Pesos in Ordinary Notes

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Grupo Aval Acciones y Valores SA Pfd ( (AVAL) ) just unveiled an announcement.

Grupo Aval Acciones y Valores S.A. successfully executed the placement of its first lot of ordinary notes in the Colombian market, valued at 300 billion pesos. The issuance received significant investor interest, oversubscribed by more than 800 billion pesos, and achieved a bid-to-cover ratio of 2.67 times, indicating strong demand and confidence in the company’s financial instruments.

More about Grupo Aval Acciones y Valores SA Pfd

Grupo Aval Acciones y Valores S.A. is a Colombian-based financial services company, engaged primarily in providing a wide range of banking and financial solutions. The company operates within the financial sector and focuses on offering services such as banking, investment, and financial advisory, primarily targeting the Colombian market.

YTD Price Performance: -7.76%

Average Trading Volume: 41,938

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.5B

For an in-depth examination of AVAL stock, go to TipRanks’ Stock Analysis page.

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