Grupo Aval Acciones y Valores S.A. ("Grupo Aval") announces that a Senior Notes issuance was held today in the international capital markets for a total value of US $ 1 billion. The Notes were issued for a term of ten (10) years, with a coupon of 4.375%. The Notes will mature on February 4, 2030 and the payment of the interest will be semiannual. The purchase orders, which reached three times the amount issued, came from more than 200 investors from the United States, Europe, Asia and Latin America.
The bonds were issued by Grupo Aval Ltd., a subsidiary of Grupo Aval, guaranteed by Grupo Aval, in accordance with Rule 144 A and Regulation S issued under the Securities Act of 1933 of the United States of America.
Grupo Aval is the largest financial conglomerate in Colombia.
The securities offered as indicated herein have not been, nor will they be, registered under the Securities Act of 1933 and may not be offered or sold in the United States, without having been previously registered or pursuant to an exemption from the registration requirements as applicable. The information reported herein does not constitute an offer to sell or a solicitation of an offer to buy securities that could be issued. In any case, there can be no sale of the aforementioned securities in any jurisdiction in which such offer, solicitation of an offer to buy or sale does not comply with applicable regulations if made before the registration or qualification required under the securities laws of the respective jurisdiction.
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.
Grupo Aval Acciones y Valores SA published this content on 29 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2020 14:29:03 UTC
Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services. The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others. Additionally, through its indirect and direct investments in other companies, the Company is present in the activities of investment baking and investments in the real sector, as well as the administrator of pension and severance funds in Colombia.