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Bancolombia’s Tender Offer Attracts Strong Interest
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Bancolombia’s Tender Offer Attracts Strong Interest

Bancolombia (CIB) has released an update.

Bancolombia S.A. has reported successful early tender results for its cash tender offer, with significant amounts of its 2025 and 2027 notes already tendered by the June 14th deadline. Investors responded positively, tendering $267.42 million of 3.000% senior notes and $283.63 million of 6.909% subordinated notes, with final settlement expected on June 24th. The enthusiastic early participation highlights investor confidence and positions Bancolombia positively in the financial markets.

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

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