By Wendy Van Sickle
Columbus, Ohio, Oct. 25 – Bancolombia SA said it completed the issuance of COP 640 billion of five-year bonds linked to sustainable performance with an interest rate of IBR plus 285 basis points, according to a 6-K filing with the Securities and Exchange Commission.
Finance in Motion, BID Invest and BID acquired all the bonds in the offering.
Proceeds will be used by the bank in its sustainable finance and purposeful business strategy.
The lender is based in Medellin, Colombia.
| Issuer: | Bancolombia SA
|
| Amount: | COP 640 billion
|
| Issue: | Bonds linked to sustainable performance
|
| Tenor: | Five years
|
| Coupon: | IBR plus 285 bps
|
| Settlement date: | Oct. 25
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
