We advised Banco de Bogotá on its tender offer

Davis Polk advised Banco de Bogotá S.A. in connection with its tender offer to purchase for cash up to $500 million aggregate principal amount of its outstanding 6.250% subordinated notes due 2026.

Banco de Bogotá is Colombia’s oldest financial institution, having conducted operations for more than 150 years, and one of the largest banks in the country. Banco de Bogotá is a subsidiary of Grupo Aval Acciones y Valores S.A., the largest banking group in Colombia. It is a full-service bank with nationwide coverage and a comprehensive portfolio of services and products, with a strong presence in the commercial and consumer lending segments.

The Davis Polk capital markets team included partner Manuel Garciadiaz and associate Matt Weaver. The tax team included counsel Alon Gurfinkel and associate Kelli A. Rivers. Members of the Davis Polk team are based in the São Paulo, New York and London offices.