Grupo Aval Places COP $300B Notes, Exceeds Demand

TL;DR

Grupo Aval just raised COP $300B in notes, and investors wanted more!

AI Summary

Grupo Aval Acciones y Valores S.A. announced on December 11, 2024, the successful placement of the first lot of its ordinary note issuance in the Colombian local market. The issuance totaled COP $300,000,000,000 and received investor demand exceeding this amount.

Why It Matters

This successful debt issuance indicates strong investor confidence in Grupo Aval and its ability to raise capital in the Colombian market, potentially supporting future growth or operations.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a successful debt issuance, which is generally a positive or neutral event for a company.

Key Numbers

• COP $300.000.000.000 — Note Issuance Value (Represents the total amount raised through the first lot of ordinary notes.)

Key Players & Entities

• Grupo Aval Acciones y Valores S.A. (company) — Issuer of the notes
• COP $300,000,000,000 (dollar_amount) — Total value of the note issuance
• December 11, 2024 (date) — Date of the announcement and placement

FAQ

Key Financial Figures

• $300.000 — lue of THREE HUNDRED BILLION PESOS (COP $300.000.000.000). The placement, carried out
• $800.000 — ess of EIGHT HUNDRED BILLION PESOS (COP $800.000.000.000), resulting in a bid-to-cover r
• $200,000,000,000 — A15 (15 years – Margin over IPC) $200,000,000,000 IPC + 6.16% E.A. Series C – Su
• $100,000,000,000 — series C3 (3 years – Fixed Rate) $100,000,000,000 10.08% E.A. TOTAL $300,000,000,000
• $300,000,000,000 — $100,000,000,000 10.08% E.A. TOTAL $300,000,000,000 SIGNATURE Pursuant to the requiremen

Filing Documents

• dp222087_6k-3.htm (6-K) — 17KB
• image_001.jpg (GRAPHIC) — 3KB
• image_002.jpg (GRAPHIC) — 4KB
• 0000950103-24-017763.txt ( ) — 28KB

From the Filing

UNITED STATES 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 1934 For the month of December 2024 Commission File Number: 001-36631 Grupo Aval Acciones y Valores S.A. (Exact name of registrant as specified in its charter) Carrera 13 No. 26A - 47 Bogotá D.C., Colombia (Address of principal executive office) 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 GRUPO AVAL ACCIONES Y VALORES S.A. TABLE OF CONTENTS ITEM 1. Notice of relevant information dated December 12, 2024 Item 1 RELEVANT INFORMATION Bogotá, December 11, 2024. Grupo Aval Acciones y Valores S.A (“Grupo Aval” or the “Company”) informs that today it successfully completed the placement of the first lot of the ordinary note issuance in the Colombian local market for a total value of THREE HUNDRED BILLION PESOS (COP $300.000.000.000). The placement, carried out successfully, received investor demand in excess of EIGHT HUNDRED BILLION PESOS (COP $800.000.000.000), resulting in a bid-to-cover ratio of 2.67 times. The issuance was rated AAA by BRC Investor Services S.A. Sociedad Calificadora de Valores. Banca de Inversion Aval - Corficolombiana acted as the structuring agent, and Casa de Bolsa Comisionista de Bolsa supported the issuance as the placement agent. The ordinary notes were placed as follows: Series-Subseries Allocated Amount (COP) Rate Series A – Subseries A15 (15 years – Margin over IPC) $200,000,000,000 IPC + 6.16% E.A. Series C – Subseries C3 (3 years – Fixed Rate) $100,000,000,000 10.08% E.A. TOTAL $300,000,000,000 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. Date: December 12, 2024 GRUPO AVAL ACCIONES Y VALORES S.A. By: /s/ Jorge Adrián Rincón Plata Name: Jorge Adrián Rincón Plata Title: Chief Legal Counsel

View Full Filing

View this 6-K filing on SEC EDGAR