PROJECT

Projects

Summary of Investment Information

Project Number

47158

Company Name

BANCO DE BOGOTA

Date SPI Disclosed

Dec 25, 2022

Country

Colombia

Region

Latin America and the Caribbean

Projected Board Date

Feb 3, 2023

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 30, 2023

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Feb 3, 2023
Signed : Mar 15, 2023
Invested : Mar 24, 2023

Sector

Commercial Banking - General

Project Description

 The Project consists of the subscription of a 10-year Basel 3 Tier II (B3T2) sustainable bond to be issued by Banco de Bogota S.A. (Banco de Bogota or the Bank). The Project is expected to be supported by the Market Accelerator for Green Construction (“MAGC”) Program as described in the Blended Finance Section below.

Associated Advisory Engagement

                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation