Republic of Colombia Completes $1 Billion SEC-Registered Offering of Global Bonds

January 25, 2017

The Republic of Colombia completed an SEC-registered offering of $1 billion of its 3.875% Global Bonds due 2027 and a further issuance of $1.5 billion of its 5.000% Global Bonds due 2045 (the 5.000% Global Bonds). The 5.000% Global Bonds form a single series with the outstanding $2.5 billion 5.000% Global Bonds previously issued on January 28, 2015, and March 26, 2015, and are fully fungible with the outstanding 5.000% Global Bonds. The notes are listed on the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.

S&C represented Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Morgan Stanley & Co. LLC as the underwriters in this offering.

The S&C team for the transaction consisted of Ann Bailen Fisher, Robert Risoleo, So Yeon Kim, Kyra Ayo Caros, Laura Duncan and Andrew Sweeney. Jeffrey Hochberg, Saul Brander, Eric Wang and Slki Hong advised on tax matters. Kirsten Rodger advised on E.U. and U.K. law matters. Carmen Leung in Hong Kong advised on Hong Kong law matters.