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 July, 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.
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Form 20-F
þ
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Form 40-F
o
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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.
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Yes
o
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No
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If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- .
BANCOLOMBIA S.A. PRICES US$ 620 MILLION OF SUBORDINATED
NOTES
Medellin, Colombia, July 19, 2010
Bancolombia S.A. (the “Bank”) announces that today it
priced the public offering of US$620 million in aggregate principal amount of
its Subordinated Notes due July 26, 2020 (the “Notes
Offering”).
The notes have a 10-year maturity and a
coupon of 6.125%, payable semi-annually on
January 26 and July 26 of each year, commencing on January 26, 2011. The notes have been
rated Baa3 by Moody´s and BB+ by Fitch Ratings. The Notes Offering is expected
to close on July 26, 2010, subject to customary closing
conditions.
Banc of America Securities LLC and J.P.
Morgan Securities Inc. are acting as the joint book-running managers for the
Notes Offering.
The securities are being offered
pursuant to an effective shelf registration statement. Bancolombia has filed a
registration statement (including a prospectus and prospectus supplement) with
the Securities and Exchange Commission (“SEC”) for the Notes Offering. Copies of
the preliminary prospectus supplement relating to the offering is available from
the SEC’s website at: http://www.sec.gov/Archives/edgar/data/1071371/000095012310065273/0000950123-10-065273-index.htm
Proceeds from the offerings will be used
one hundred percent (100%) for general corporate purposes, which include
carrying out the business of a financial institution in accordance with
applicable law.
This press release shall not constitute
an offer to sell, or a solicitation of an offer to buy, nor shall there be any
sales of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
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: July
19, 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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