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Bancolombia plans COP 600 billion bond issue with upsizing possible
By Susanna Moon
Chicago, July 27 - Bancolombia SA said that it will issue COP 600 billion principal amount of bonds in the second offering of its planned sale of up to COP 2 trillion of bonds.
Bancolombia may upsize the second offering by COP 200 billion for a total issue of up to COP 800 billion, according to a press release by the Medellin, Colombia-based bank.
The second offering has been rated AAA(Col) by Fitch Ratings Colombia SA Sociedad Calificadora de Valores.
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