10/10/2012 | Press release

October 10, 2012 Bancolombia S.A. announces results of exchange offer for subordinated notes Download

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BANCOLOMBIA S.A. ANNOUNCES THE RESULTS OF THE EXCHANGE OFFER FOR SUBORDINATED NOTES

Medellín, Colombia, October 10, 2012
Bancolombia S.A. announced today the results of the private offer to exchange any and all of its outstanding Subordinated Notes due 2017 (the "Old Notes") for Subordinated Notes due 2022 (the "New Notes"), pursuant to an Offering Memorandum, dated as of September 10, 2012 (the "Offer"). The New Notes are not registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
An aggregate principal amount of USD 200,488,000 of Old Notes, representing 50.12% of the USD
400,000,000 aggregate outstanding principal amount of Old Notes, was tendered and accepted pursuant to the Offer. The Offer expired at 11:59 p.m. (New York City time), October 5, 2012, and
the Final Settlement Date was today, October 10, 2012.
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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