facebook
linkedin
twitter
About Us
  • BFSI
  • Energy
  • Infocom
  • Mining
  • Venture
  • Industry
  • Travel
  • Civic
  • Food, Health, Ag
  • Real Estate
  • Responsibility
  • Economy
  • Law & Justice
  • Interview
  • Analysis

Banistmo Completes $50 Million USD Bond Issuance

Posted On March 6, 2018
By : Jared Wade
Comment: Off
Tag: banca de inversion bancolombia, Banca de Inversión Banistmo, bancolombia, banistmo, capital markets, fitch ratings, panama, Valores Banistmo

In the first round of a planned $300 million USD series of corporate bond issuances, Banistmo, through its brokerage firm Valores Banistmo, has issued $50 million USD in the Panamanian capital market.

According to Medellín-based parent company Bancolombia, the funds raised will be used to finance the growth of the bank’s loan portfolio and diversify sources of funding. “This placement reaffirms confidence in the strength of the institution and Banistmo’s commitment to contributing to the development of local and regional capital markets,” added Bancolombia in a statement.

This issuance was co-structured by Banca de Inversión Banistmo and Banca de Inversión Bancolombia, and has received a local long-term rating of AAA (Pan) from big three credit rating agency Fitch Ratings.

Valores Banistmo has more than 1,500 clients throughout Latin America, primarily in Colombia and Panama, with some $2 billion USD in assets under management.

DON'T MISS OUT: The only English-language Colombia news that's strictly business, markets, & investment!
Join global executives & investors by subscribing to our FREE weekly updates
I agree to have my personal information transferred to MailChimp ( more information ) DISCLAIMER: Protección de Datos Personales Artículo 15 de la Constitución Política de Colombia, ley 1581 de 2012 y decreto 1377 de 2013.
We will never spam you or share your email address ¡Nunca Jamás!

Share the news!

  • Facebook
  • Twitter
  • Print
  • WhatsApp
  • LinkedIn
  • Skype

Related

Share your thoughts:

comments

About the Author
Jared Wade is editor in chief of Finance Colombia. He is a Bogotá-based journalist with 15 years of experience covering topics including business, financial services, Latin America, and sports. Email him at jared.wade(at) financecolombia.com or follow him on Twitter at @Jared_Wade.
  • google-share
Previous Story

Moody’s Drops Ratings Outlook to Negative for Bancolombia, Banco de Bogotá, and Various Insurers

Next Story

Bancolombia to Pay Dividend of 1,020 Colombian Pesos This Year Starting on April 2

Related Posts

BPro’s Bigger, More Comprehensive CX Summit Moves To Cartagena May 11th & 12th
0

BPro’s Bigger, More Comprehensive CX Summit Moves To Cartagena May 11th & 12th

Posted On April 12, 2022
, By Loren Moss
Wingo Catalina Bretón Copa Holdings Copa Airline Colombia Semana Santa Bogota El Dorado International Airport
0

Copa’s Wingo Low-Cost Airline Seeks To Improve Passenger Service

Posted On April 5, 2022
, By Loren Moss
In May 2021 Viva's position was reconfirmed as the most punctual airline in Colombia with 93.3% according to OAG: https://www.oag.com/en/on-time-performance-data
0

Viva Selects Microsoft Azure For Cloud Based Cybersecurity Protection, Sofistic for Implementation

Posted On March 3, 2022
, By Loren Moss




Search

RECENT

POPULAR

COMMENTS

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass

Colombian Leonor Espinosa Named "World's Best Female Chef"

Posted On May 18, 2022
Grand Bahamas photo © Loren Moss

Bahamas Seeks Air Connectivity With Colombia

Posted On May 18, 2022
Roberto Kriete, avianca's main shareholder and chairman of the Board of Directors.

Shareholders Of Viva, Avianca & Gol Announce The Creation Of Abra Group To Dominate South American Skies

Posted On May 11, 2022
Colombia’s attorney general charged Russian national Sergein Vagin and six other people

Alleged Russian Spy Charged…With Running A Gambling Mafia

Posted On April 12, 2022

Viva Launches Nonstop Routes To Buenos Aires, Argentina From Medellín & Bogotá, Colombia

Posted On April 12, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

Court Blocks Colombia’s $370 Million USD Emergency Loan To Bankrupt Avianca Airlines

Posted On September 12, 2020

Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

Posted On September 10, 2020

AVIANCA IS BANKRUPT

Posted On May 10, 2020

[…] damn what she said. She and...

Posted On April 4, 2022

[…] by short sellers seeking to...

Posted On March 22, 2022

[…] no longer travel freely...

Posted On March 8, 2022

[…] Duque’s administration will...

Posted On March 8, 2022

[…] See also: 13 Police Injured In...

Posted On March 3, 2022

Watch This!

Consider Advertising With Us

Click here to visit Expat Group's English site

Subscribe Free

don't forget to include "http://"
* = required field
Your Background / Function








unsubscribe from list

RECENT

POPULAR

COMMENTS

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass

Colombian Leonor Espinosa Named "World's Best Female Chef"

Posted On May 18, 2022
Grand Bahamas photo © Loren Moss

Bahamas Seeks Air Connectivity With Colombia

Posted On May 18, 2022
Roberto Kriete, avianca's main shareholder and chairman of the Board of Directors.

Shareholders Of Viva, Avianca & Gol Announce The Creation Of Abra Group To Dominate South American Skies

Posted On May 11, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

Posted On September 10, 2020

[…] damn what she said. She and...

Posted On April 4, 2022

[…] by short sellers seeking to...

Posted On March 22, 2022

[…] no longer travel freely...

Posted On March 8, 2022

Watch This!

Contact Us (Click the image):

Pages

  • About Us
  • Colombia Events, Conferences, Festivals and Important Dates
  • Contact Us
  • main
  • Media Partnerships
  • Privacy Policy
  • Search Results
  • Whatsapp test page
Copyright 2014-2020 Finance Colombia All Rights Reserved. We may earn commissions from qualifying purchases.
Posting....
WhatsApp us