BANCOLOMBIA S A : ANNOUNCES ACQUISITION OF ADDITIONAL INTEREST IN THE FONDO INMOBILIARIO COLOMBIA (REAL ESTATE FUND) - Form 6-K
July 25, 2022 at 08:04 am EDT
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BANCOLOMBIA S.A. ANNOUNCES ACQUISITION OF ADDITIONAL INTEREST IN THE FONDO INMOBILIARIO COLOMBIA (REAL ESTATE FUND)
Bancolombia S.A. (Bancolombia) announces that it has entered into an agreement today with PSPIB COLCONDOR S.A.S. and PSP CONDOR INC. (PSP) for the acquisition of an additional interest of 30.11% of the units in circulation of the Fondo de Capital Privado Fondo Inmobiliario Colombia FIC, a real estate fund. With the acquisition, Bancolombia will be the owner of 80.07% of the total units.
The consideration to be paid by Bancolombia is COP 805.305´041.521,64, an amount that is payable in cash on the closing date of the transaction, which is expected to occur in the upcoming weeks subject to the fulfillment of certain precedent conditions.
With this acquisition, Bancolombia consolidates its interest in one of the largest real estate funds in Colombia, from where it will continue investing in the construction of sustainable cities and communities and participating in the development of the real estate sector.
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Contacts
Mauricio Rosillo Rojas
Jose Humberto Acosta
Corporate VP
Financial VP
Tel.: (571) 4885675
Tel.: (571) 4885934
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Bancolombia SA published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 12:03:07 UTC.
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
BANCOLOMBIA S.A. 
