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Prospect News home > News index > List of issuers B > Headlines for Banco de Bogota SA > News item
Published on 10/27/2016 in the Prospect News Emerging Markets Daily.

Colombia’s Banco de Bogota plans add-on to 6¼% notes due 2026

By Marisa Wong

Morgantown, W.Va., Oct. 27 – Banco de Bogota SA announced an add-on offering of subordinated notes due 2026 on Thursday.

The Rule 144A and Regulation S notes will be an addition to the bank’s existing $600 million 6¼% subordinated notes due 2026 issued in May.

The bank said it will issue the new notes to substitute in whole or in part an outstanding promissory note originally issued to Grupo Aval Ltd. on Dec. 21, 2015.

The commercial bank is based in Bogota, Colombia.


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