trending Market Intelligence /marketintelligence/en/news-insights/trending/1IEXMAT7ZCkUuPle_WPY_A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Bancolombia prices US$550M subordinated notes offering

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Bancolombia prices US$550M subordinated notes offering

Bancolombia SA priced a US$550.0 million public offering of subordinated notes due Dec. 18, 2029, saying that the notes will carry a coupon of 4.625%.

The 10-year notes have an optional redemption right in the fifth year. Bancolombia expects to settle the offering on Dec. 18, 2019, according to a statement.

The bank will use the proceeds to complete a liability management transaction it announced in November. Any remaining proceeds will be used for general corporate purposes.

Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are acting as the joint book-running managers for the offering, while Valores Banistmo SA is serving as co-manager.