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Colombia's Bancolombia to sell up to Ps. 600 billion of notes
By Susanna Moon
Chicago, Aug. 20 - Bancolombia SA said it could issue up to Ps. 600 billion of notes in a second offering from its 1.5 trillion peso program.
The issue includes a Ps. 400 billion base amount and a Ps. 200 billion greenshoe.
Duff & Phelps of Colombia rates the deal AAA.
Bancolombia is a Medellin, Colombia-based lender and savings bank.
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