AmpliTech Group Issues Free Writing Prospectus Providing Additional Details of its 2025 Unit Rights Offering and its 5G ORAN Growth Opportunity
Rhea-AI Summary
Bancolombia announced a voluntary delisting of its 4.875% Subordinated Notes due 2027 and 8.625% Subordinated Notes due 2034 (AMPG) from the New York Stock Exchange.
The company expects to file a Form 25 with the SEC on or about August 1, 2025, with delisting effective ~10 days later and the last NYSE trading day on or about August 11, 2025. Bancolombia anticipates listing the Notes on the Singapore Exchange (SGX) with trading expected to commence on or about August 12, 2025. Following delisting, Bancolombia intends to file Form 15 to suspend reporting for the Notes. Grupo Cibest American Depositary Shares will continue trading on the NYSE under CIB.
Positive
- Notes planned for SGX listing with trading expected Aug 12, 2025
- Company provided clear timeline: Form 25 ~Aug 1, 2025 and last NYSE trade ~Aug 11, 2025
- Grupo Cibest ADS continue trading on NYSE under CIB
Negative
- Notes will be delisted from NYSE with last trading day ~Aug 11, 2025
- Company intends to file Form 15 to suspend U.S. reporting obligations for the Notes
Insights
Bancolombia will voluntarily move two subordinated note listings from the NYSE to the SGX, with trading shifts in early August 2025.
Bancolombia announced an intent to voluntarily delist its 4.875% Subordinated Notes due 2027 and 8.625% Subordinated Notes due 2034 from the NYSE and to apply to list those Notes on the SGX. The company plans to file a Form 25 with the SEC on or about
The operational effect is narrow and specific: the securities' venue for secondary trading will change while the issuer remains the same and Grupo Cibest's American Depositary Shares will continue to trade on the NYSE. Key dependencies include successful SGX admission and the timing of SEC filings (Form 25 and subsequent Form 15 to suspend Section 15(d) reporting). If those filings proceed as stated, trading continuity should move to SGX with limited interruption; if not, liquidity or administrative reporting status could change.
Watch the filing dates and exchange confirmations around
The decision to voluntarily delist the Notes from the NYSE and list the Notes on the SGX was made after careful consideration of the effects of being listed on each respective exchange by the board of directors of Bancolombia.
Bancolombia has notified the NYSE of its intention to voluntarily delist the Notes. Bancolombia currently anticipates that it will file with the
The American Depositary Shares of Grupo Cibest S.A. ("Grupo Cibest"), Bancolombia's parent company, will continue to trade on the NYSE under the symbol "CIB", and as a result Grupo Cibest will continue to be required to file periodic reports under the Exchange Act.
Contacts | ||||
Mauricio Botero Wolff | Catalina Tobón Rivera | |||
Strategy and Finance VP | IR Director | |||
Tel: (57 604) 404 0858 | Tel (57 601) 4885950 | |||
View original content:https://www.prnewswire.com/news-releases/bancolombia-sa-to-delist-notes-from-the-new-york-stock-exchange-302511221.html
SOURCE Bancolombia S.A.