Bancolombia Announces Redemption of Senior and Subordinated Notes
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Bancolombia Announces Redemption of Senior and Subordinated Notes

Bancolombia (CIB) has released an update.

Bancolombia S.A. has announced the redemption of its 3.000% Senior Notes due 2025 and 4.625% Subordinated Notes due 2029. The bank will redeem the 2025 Notes at a price based on the greater of a specified treasury rate plus accrued interest, or the full principal amount plus interest. The 2029 Notes will be redeemed at their full principal value plus accrued interest.

For further insights into CIB stock, check out TipRanks’ Stock Analysis page.

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