US$500 million debut international bond offering by Banistmo

Arias, Fábrega & Fábrega represented initial purchasers JP Morgan and Morgan Stanley, in connection with Banistmo’s debut international bond offering.

Banistmo, a Panamanian subsidiary of Colombia's Bancolombia, issued US$500 million in principal amount of its 3.650 % senior notes due 2022 in a private placement under Regulation S. / Rule 144A.