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02.05.2016 19:51:00
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Banco de Bogota S.A. -- Moody's assigns Ba2 to Banco de Bogota's proposed subordinated debt; rating on review for downgrade
New York, May 02, 2016 -- Moody's Investors Service assigned a Ba2 long term foreign currency subordinated debt rating to Banco de Bogota S.A.'s proposed ten-year subordinated debt for an amount of up to USD1 billion. The proposed debt is expected to be eligible for Tier 2 capital treatment under Colombian law. The rating is on review for downgrade.
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