Bancolombia (CIB) has released an update.
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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.
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