UNITED
STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington D.C.
20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of February, 2010.
Comission
File Number 001-32535
Bancolombia S.A.
(Translation
of registrant’s name into English)
Cra. 48 #
26-85
Medellín,
Colombia
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
þ Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(2):___
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No
þ
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-___________.
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BANCOLOMBIA
S.A. ANNOUNCES THE AUTHORIZATION TO TRANSFER THE ASSETS, LIABILITIES AND
CONTRACTS OF SUFINANCIAMENTO S.A. TO BANCOLOMBIA S.A.
Medellín,
Colombia, February 26, 2010
Bancolombia
announces that, pursuant to resolution N° 0419 issued on February 25, 2010, the
Colombian Superintendency of Finance authorized the transfer by Sufinanciamiento
S.A. Compañía de Financiamiento Comercial of more than 25% of its assets,
liabilities and contracts different from those generated by its alliance with
Almacenes Exito in its credit card business (the “Transaction”) to its parent
company, Bancolombia.
The
Transaction aims to consolidate and optimize the corporate model of Grupo
Bancolombia, while allowing Sufinaciamiento S.A. to concentrate on the
development of its Tarjeta Exito business line.
The
Transaction will not have a significant effect on the consolidated financial
statements of Bancolombia, as Bancolombia currently owns directly and indirectly
99.99% of Sufi’s outstanding capital stock.
SIGNATURE
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.
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BANCOLOMBIA
S.A.
(Registrant)
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Date: February
26, 2010
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By:
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/s/ JAIME ALBERTO VELÁSQUEZ
B.
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Name:
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Jaime
Alberto Velásquez B.
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Title:
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Vice
President of Finance
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