US Edition
Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities plc Announce Final Results of Tender Offer and Aggregate Principal Amount of Ten
The tender offer for Colombia's global bonds, totaling approximately $5.44 billion, was completed by major banks with settlement scheduled for September 8, 2025.
- On September 4, 2025, the Purchasers released the final outcome of their offer to acquire the remaining bonds issued by the Republic of Colombia, following the offer’s conclusion on September 3, 2025.
- The Tender Offer to acquire various series of Colombia's outstanding bonds was launched by six financial institutions, including Banco Bilbao Vizcaya Argentaria and Goldman Sachs, based on the terms outlined in a purchase offer document released on August 27, 2025.
- The Purchasers stated that they validly accepted $5,437,969,000 aggregate principal amount of the Existing Bonds with no proration, including specific allocations accepted by each Purchaser, and confirmed that related total return swap conditions were satisfied.
- Holders of validly tendered bonds will receive the applicable purchase price of approximately $4.6 billion plus accrued interest up to, but excluding, the scheduled settlement date of September 8, 2025.
- The Tender Offer is legally void in jurisdictions where prohibited, will be conducted only under the Offer to Purchase terms, and Colombia will not be liable for payments on bonds tendered, implying risk and compliance conditions for holders.
Insights by Ground AI
Does this summary seem wrong?
51 Articles
51 Articles
The Berkshire Eagle+50 Reposted by 50 other sources
Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities plc Announce Final Results of Tender Offer and Aggregate Principal Amount of Ten
NEW YORK, Sept. 4, 2025 /PRNewswire/ -- Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities plc (collectively, the "Purchasers") previously announced a tender…
Coverage Details
Total News Sources51
Leaning Left6Leaning Right4Center13Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 26%
C 57%
R 17%
Factuality
To view factuality data please Upgrade to Premium
