Grupo Energía Bogotá carried out a successful bond issue for $ 400 million dollars in the international capital market, with an over-demand of more than 11 times

This Grupo Energía Bogotá release was published using machine translation.

Bogotá, DC, May 12, 2020 . Grupo Energía Bogotá (GEB) today carried out a successful bond issue in the international capital market for $ 400 million dollars, which was over-demanded more than 11 times, with more than 290 orders from different investors worldwide, which shows the Market support and confidence in the Group's performance in the last four years, when it launched an ambitious Corporate Strategic Plan to position itself as a leading player in the energy sector in Latin America.

The bonds were offered for 10 years with a coupon rate of 4.875% and whose amortization will be paid when the papers mature. With this operation, Grupo Energía Bogotá returns to the international bond capital market, with very favorable financial conditions in the midst of a difficult world situation like the current one.

The resources will be used to finance the investment plan of the company that has operations for the transmission, generation and distribution of electrical energy and the transportation and distribution of natural gas in Colombia, Peru, Brazil and Guatemala.

“The success of this bond issue is due to the excellent performance of a committed work team, tangible evidence of the Group's great solidity and the trust that hundreds of investors have placed in us. We are, without a doubt, one of the most outstanding and solid business groups in the energy sector in Latin America, with a diversified portfolio of controlled and non-controlled companies, and human talent that has guaranteed the implementation of a coherent and stable strategy. for the last four years ”, highlighted Astrid Álvarez, president of Grupo Energía Bogotá.

It should be noted that Grupo Energía Bogotá recorded historical results in 2019, with profits that reached $ 1.85 billion and income that amounted to $ 4.89 billion, which allowed a record dividend figure of $ 1.29 this year to be distributed to shareholders trillions, that is, $ 140 pesos per share. These results are also supported by the two growth pillars that the Group established four years ago, a corporate government, which was strengthened by the Democratization process, and a Sustainability policy that brings well-being and progress to the communities in the territories where the group has a presence.

These results have also translated into a good performance of the share in the Colombian stock market. According to the Colombian Stock Exchange (BVC) at the end of April, the Grupo Energía Bogotá share was the only one that had a valuation so far in 2020, while the other shares of the BVC were in negative territory during the first four months of the year, one more example of the trust in the company and the support of our investors.