RELEVANT INFORMATION

Bogotá, July 13, 2021. Grupo Aval Acciones y Valores S.A. ('Grupo Aval') informs that, after the downgrade of Colombia's sovereign credit rating from BBB- to BB+, Fitch Ratings downgraded the rating of several Colombian issuers, including Grupo Aval from BBB- to BB+, changing the outlook from negative to stable. Likewise, Grupo Aval Limited's rating was downgraded from BBB- to BB +.

GRUPO AVAL ACCIONES Y VALORES S.A.
DEBT RATING RECOVERY PRIOR
LT IDR BB+ Downgrade BBB-
ST IDR B Downgrade F3
LC LT IDR BB+ Downgrade BBB-
LC ST IDR B Downgrade F3
Support 5 Affirmed 5
Support floor NF Affirmed NF
GRUPO AVAL LIMITED
DEBT RATING RECOVERY PRIOR
Senior unsecured BB+ Downgrade BBB-

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Grupo Aval Acciones y Valores SA published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 21:22:03 UTC.