The Firm represented Citi, HSBC and J.P. Morgan, as initial purchasers, in connection with an offering of U.S.$600 million aggregate principal amount of 5.00% Senior Notes due 2017 issued by Banco de Bogotá S.A.  The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933 and constituted Banco de Bogotá’s inaugural securities offering in the U.S. and other international capital markets.

Banco de Bogotá is Colombia’s oldest financial institution, having conducted operations for more than 140 years.  It is the second largest bank in the country, based on total consolidated assets at June 30, 2011 and net income for the six months ended June 30, 2011 and the year ended December 31, 2010. Banco de Bogotá is a subsidiary of Grupo Aval Acciones y Valores S.A., Colombia’s largest banking group, based on total consolidated assets at June 30, 2011.

The Simpson Thacher team for the debt offering included, among others, Glenn M. Reiter, Grenfel S. Calheiros and Diego Nogueira (Capital Markets), and Jonathan Cantor and Christian Miller (Tax).