UNITED
STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington D.C.
20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of December, 2010.
Comission
File Number 001-32535
Bancolombia S.A.
(Translation
of registrant’s name into English)
Cra. 48 #
26-85
Medellín,
Colombia
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
þ Form 40-F
¨
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(2):___
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No
þ
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- .
BANCOLOMBIA
S.A. ANNOUNCES SUCCESSFUL OFFERING OF ORDINARY NOTES
Medellin,
Colombia, December 15, 2010
Bancolombia
S.A. (“Bancolombia”),
announced the first offering of ordinary notes in the local market,
corresponding to the multiple and successive issuance of ordinary bonds up to an
aggregate principal amount of two trillion Colombian Pesos (COP
2,000,000,000,000). The corresponding offer announcement was published in the
local newspaper “La Republica” page 3A.
The
issued amount was of six hundred thousand Ordinary Notes (600,000) corresponding
to a total amount of six hundred thousand millions Colombian Pesos (COP
600,000,000,000).
Today,
the demand for the offering was one trillion one hundred thirty four million
seven hundred seventy eight thousand Colombian Pesos (COP 1,134,778,000),
equivalent to 2.8 times the size of the offering.
The face
value of each offered Ordinary Note is of one million Colombian Pesos (COP
1,000,000) and the minimum investment is equal to the value of ten (10) Ordinary
Notes or ten million Colombian Pesos (COP 10,000,000).
The
ordinary notes are issued in registered form (“a la orden”), are negotiable in
the secondary market and have the following terms:
|
SERIES
|
SUBSERIES
|
MATURITY
|
COUPON
RATE
|
AGGREGATE
PRINCIPAL
AMOUNT
(COP MM)
|
|||||||
|
D
|
D4
|
4
years
|
IPC
+ 2,89% E.A.
|
$ | 153.192 | ||||||
|
D
|
D8
|
8
years
|
IPC
+ 3,89% E.A.
|
$ | 252.763 | ||||||
|
E
|
E1.5
|
1.5
years
|
IBR
+ 1,10% N.M.V.
|
$ | 138.868 | ||||||
|
E
|
E3
|
3
years
|
IBR
+ 1,20% N.M.V.
|
$ | 55.177 | ||||||
The
book-running manager for the transaction was Bancolombia. Banca de Inversión
Bancolombia S.A. Corporación Financiera was the structuring agent and lead
manager for the transaction and Valores Bancolombia S.A. Comisionista de Bolsa,
Interbolsa S.A. Comisionista de Bolsa and Helm Comisionista de Bolsa S.A also
participated in the transaction as co-managers.
The
proceeds from the offering will be used for general corporate purposes of
Bancolombia, including all the business and operational transactions available
to banking institutions in accordance with the terms and requirements
established by applicable law.
This
issuance was rated AAA by Fitch Ratings Colombia S.A. Sociedad Calificadora de
Valores.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
BANCOLOMBIA
S.A.
(Registrant)
|
|||
|
Date: December
15, 2010
|
By:
|
/s/ JAIME ALBERTO VELÁSQUEZ
B.
|
|
|
Name:
|
Jaime
Alberto Velásquez B.
|
||
|
Title:
|
Vice
President of
Finance
|
||