Banco de Bogotá $600 million 4.375% senior notes issue

Investment grade bond/note issue

$ 600 million




  • Banco de Bogotá has issued $600 million in senior notes.
  • The 4.375% senior notes are due 2027 and were listed on the Luxembourg exchange. The notes were issued pursuant to Rule 144A/Reg S.
  • Citigroup Global Markets, HSBC Securities (USA) and Merrill Lynch Pierce Fenner & Smith acted as initial purchasers.
  • The funds raised will be used primarily to finance loan repayments, according to Fitch Ratings.
  • Banco de Bogotá is the second largest bank in Colombia by market share of deposits. It is a subsidiary of Grupo Aval Acciones y Valores, Colombia’s largest banking group by total assets.
  • In 2016, Banco de Bogotá issued subordinated notes due 2016 valued at $1.1 billion.

Jordan Hughes – Journalist

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