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Bancolombia S.A. - CIB STOCK NEWS

Welcome to our dedicated page for Bancolombia S.A. news (Ticker: CIB), a resource for investors and traders seeking the latest updates and insights on Bancolombia S.A. stock.

Bancolombia S.A. (NYSE: CIB) is a leading full-service financial institution providing a comprehensive suite of financial products and services to individuals, businesses, and governments. Operating predominantly in Colombia, Bancolombia also extends its services across various countries including Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, and Guatemala. As one of the six banking-related companies in the COLCAP index, Bancolombia plays a crucial role in the financial landscape of Latin America.

Bancolombia's offerings include loans tailored for small and midsize enterprises and governments, leasing, factoring, and asset management services. The company is known for its robust financial solutions that cater to a wide range of clients, helping them achieve their financial goals. Bancolombia's extensive reach and diversified services make it a significant player in the region's financial market.

Recent achievements highlight Bancolombia's continuous growth and commitment to transparency. On March 27, 2024, the company announced the filing of its annual report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). This report is accessible on the SEC website and will soon be available on Bancolombia's official website in the Investor Relations section. For those requiring a hard copy, requests can be sent to IR@bancolombia.com.co.

With a strong financial foundation and dynamic service offerings, Bancolombia is well-positioned to continue growing and supporting the financial needs of its diverse client base across Latin America and beyond.

Rhea-AI Summary

Bancolombia S.A. announced its intention to purchase all tendered and not validly withdrawn 3.000% Senior Notes due 2025 and 6.909% Subordinated Notes due 2027. The total principal amounts respectively are US$267,421,000 and US$283,632,000. The early settlement date is expected to be June 24, 2024, while the final settlement date is anticipated on July 8, 2024. Holders of 2025 Notes validly tendered by June 14, 2024, will receive US$986.46 per US$1,000 principal amount, including an early tender payment of US$50. For 2027 Notes, holders will receive US$1,000 per US$1,000 principal amount. The offers expire on July 2, 2024.

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Rhea-AI Summary
Bancolombia S.A. (NYSE: CIB) has filed its annual report on Form 20-F for the year ended December 31, 2023 with the SEC, available for download on the SEC website and soon on Bancolombia's Investor Relations section.
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FAQ

What services does Bancolombia S.A. provide?

Bancolombia S.A. offers a wide range of financial products and services including loans, leasing, factoring, and asset management to individuals, businesses, and governments.

In which countries does Bancolombia operate?

Bancolombia operates in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, and Guatemala.

Where can I find Bancolombia's latest annual report?

Bancolombia's latest annual report can be downloaded from the U.S. Securities and Exchange Commission website (www.sec.gov) and will also be available on Bancolombia's official website in the Investor Relations section.

How can I obtain a hard copy of Bancolombia's Form 20-F?

To request a hard copy of Bancolombia's Form 20-F, please contact IR@bancolombia.com.co.

What is Bancolombia's stock symbol?

Bancolombia's stock symbol is CIB on the New York Stock Exchange (NYSE).

Is Bancolombia part of any major stock indexes?

Yes, Bancolombia is one of the six banking-related companies included in the COLCAP index.

What recent achievements has Bancolombia announced?

On March 27, 2024, Bancolombia announced the filing of its annual report on Form 20-F for the year ended December 31, 2023, with the SEC.

What types of clients does Bancolombia serve?

Bancolombia serves a diverse range of clients including individuals, small and midsize enterprises, and governments.

How can I stay updated on Bancolombia's news and developments?

You can stay updated on Bancolombia's news and developments by visiting their official website and checking the Investor Relations section.

What makes Bancolombia a significant player in the financial market?

Bancolombia's extensive reach, diversified service offerings, and strong financial foundation make it a significant player in the financial market of Latin America.

Bancolombia S.A.

NYSE:CIB

CIB Rankings

CIB Stock Data

8.30B
509.71M
25.08%
0.23%
Commercial Banking
Finance and Insurance
Link
United States of America
Medellin