MEDELLIN, Colombia, June 11 /PRNewswire-FirstCall/ -- Bancolombia S.A. (Bancolombia) announces the entry into an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, for the purpose of providing hedging instruments through a risk management facility in an aggregate principal amount of up to USD $400 million.
With the signing of this agreement, Bancolombia will ensure that it has quality counterparty with which to engage in hedging transactions for our clients.
Contacts Sergio Restrepo Executive VP Tel.: (574) 4041424 Jaime A. Velasquez Financial VP Tel.: (574) 4042199 Juan E. Toro IR Manager Tel.: (574) 4041837
Bancolombia, S.A.
CONTACT: Sergio Restrepo, Executive VP, +011-574-404-1424, Jaime A.
Velasquez, Financial VP, +011-574-404-2199, or Juan E. Toro, IR Manager,
+011-574-404-1837, all of Bancolombia
Web Site: http://www.bancolombia.com/