-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SJwyiSn1G6UPhBDQMvPkHC4Mencm8CdDNg66gr1BDsp7d0dLrjtU4wXCAQPQF9HC 5YXbSZVzPx6BnNhEfZz8Tg== 0000950123-06-015343.txt : 20061219 0000950123-06-015343.hdr.sgml : 20061219 20061219073644 ACCESSION NUMBER: 0000950123-06-015343 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061218 FILED AS OF DATE: 20061219 DATE AS OF CHANGE: 20061219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANCOLOMBIA SA CENTRAL INDEX KEY: 0001071371 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: F8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32535 FILM NUMBER: 061285047 BUSINESS ADDRESS: STREET 1: CARRERA 52 #50-20 STREET 2: CALLE 50 #51-66 CITY: MEDELLIN STATE: F8 ZIP: 00000 BUSINESS PHONE: 5745108866 MAIL ADDRESS: STREET 1: CARRERA 52 #50-20 STREET 2: CALLE 50 #51-66 CITY: MEDELLIN STATE: F8 ZIP: 00000 6-K 1 y27811be6vk.txt FORM 6-K CONFORMED COPY 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 1933 For the month of December 2006 BANCOLOMBIA S.A. (Translation of Registrant's name into English) Calle 50 No. 51-66 Medellin, 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.) Form 20-F X Form 40-F ----- ----- (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.) Yes No X ----- ----- (If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-______________.) This Report on Form 6-K shall be incorporated by reference into the registrant's registration statement on Form F-3 (File No. 001-32535). 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. BANCOLOMBIA S.A. (Registrant) Date: December 18, 2006 By /s/ JAIME ALBERTO VELASQUEZ B. ------------------------------------- Name: Jaime Alberto Velasquez B. Title: Vice President of Finance (BANCOLOMBIA LOGO) (CIB LISTED NYSE LOGO) BANCOLOMBIA'S BOARD OF DIRECTORS APPROVED THE ISSUANCE OF BONDS AND SUBORDINATED BONDS MEDELLIN, COLOMBIA, DECEMBER 18, 2006 Today, The Board of Directors of Bancolombia S.A. ("Bancolombia") approved the issuance of bonds ("bonos ordinarios") in an aggregate principal amount of up to Ps 1,500,000,000,000 or its USD equivalent and the issuance of subordinated bonds ("bonos ordinarios subordinados") in an aggregate principal amount of up to Ps 1,000,000,000,000 or its USD equivalent as follows: 1. The bonds will be offered in Colombia in multiple and successive issuances subject to a total limit and that should be done in a maximum term of five years. According to the regulations approved today, the issuances of such bonds may have various series with financial conditions and maximum interests established by the Board of Directors for each issuance. The President was authorized to do the offer of each issuance in accordance with the conditions determined in the regulations. 2. The subordinated bonds may be sold in Colombia and/or outside Colombia depending on specific markets conditions and authorizations of the applicable governmental authorities and of the Board of Directors who will approve the regulations and will establish the conditions of the securities including the term, the interest rates and the capital amortization. The bonds and the subordinated bonds have not been registered under the U.S. Securities Act of 1933, and may not be offered in the United States or to US persons except pursuant to an exemption from the registration requirements of such Act. Bancolombia will use the proceeds of this issuance in the development of activities that constitute its main purpose which consists in carrying out all the operations and business legally authorized to banking institutions. CONTACTS Sergio Restrepo Jaime A. Velasquez Mauricio Botero Executive VP Financial VP IR Manager Tel.: (574) 5108668 Tel.: (574) 5108666 Tel.: (574) 5108866 -----END PRIVACY-ENHANCED MESSAGE-----