Banco Davivienda S.A. Raises USD 49.09 million in Offering of 7-Year 6.24% Bonds
February 10, 2020
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Banco Davivienda S.A. has raised COP 169.33 billion (USD 49.09 million) through bonds offering. Banco Davivienda is controlled by Grupo Bolivar, a financial conglomerate company. The bonds bear an interest rate of 6.24% per annum and will mature in 2027. Deal Type: Private Placement; Deal Status: Completed: 2020-02-11.
Banco Davivienda SA is a Colombia-based banking institution. The Bankâs products and services include savings and current accounts, consumer and commercial loans, credit and debit cards, mortgages, fixed-term deposits, portfolio management, foreign trade financing and a variety of insurance policies, as well as other banking operations to individuals and businesses. As of December 31, 2012, the Bank operated a network of 572 branch offices located nationwide and one in the United States. It also owned such subsidiaries as Fiduciaria Davivienda SA, Dadivalores SA, Bancafe Panama SA and Fiduciaria Cafetera SA, among others. In addition, Grupo Empresarial Bolivar was the Companyâs major shareholder.
BANCO DAVIVIENDA S.A. 
