Colombia hostage mission delayed Dec 30, 2007
The BBC's Jeremy McDermott in Medellin says sources in the Colombian government say it wants to regain the initiative with respect to the prisoner exchange and does not want Mr Chavez, who is perceived as being too friendly with the Farc, to hijack negotiations. Bookmark with. (BBC News -- Americas)
Explosions on Colombian Army Base Kill 2 Dec 30, 2007
BOGOTA, Colombia - A series of explosions ripped through an army base in the Colombian city of Medellin on Saturday, killing at least two people and forcing nearby residents to flee ... Fernando Avila told The Associated Press moments before boarding a Medellin-bound plane in Bogota ... Alfredo Munoz, head of Civil Defense in Medellin, told Caracol Radio that at least two people were killed and rescuers evacuated another seven wounded. (Mattoon Journal-Gazette, IL)
* Families hopeful despite delay in release of hostages Dec 26, 2007
"They will not be freed before Christmas. They have not appeared and for the moment there is nothing," Colombian Senator Piedad Cordoba, a mediator in the hostage crisis, said by telephone from Medellin. She said that the release of the three is "certain and will happen," but did not specify when exactly. (Taipei Times, Taiwan -- World)
Burger King to open in Colombia Dec 17, 2007
said it has agreed to allow franchise group Kinco S.A. to develop restaurants in the Colombian cities of Medellin and Cali. The first Burger King (NYSE: BKC) store in Medellin is expected to open during the first half of 2008 ... More openings are scheduled for Medellin and Cali in the next two years. (South Florida Business Journal, FL)
Bancolombia Announces Unconsolidated Net Income of Ps 73,874 Million for the Month of November 2007, Totaling Ps 724,529 Million for the First Eleven Months of 2007 Dec 12, 2007
MEDELLIN, Colombia, Dec. 11 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") reported unconsolidated net income of Ps 73,874 million during the past month of November. During November, total net interest income, including investment securities amounted to Ps 177,344 million. (PR Newswire)
Bancolombia Announces Donations Dec 5, 2007
MEDELLIN, Colombia, Dec. 4 /PRNewswire-FirstCall/ -- BANCOLOMBIA S.A. ("Bancolombia") announces that as of today it made donations in a total amount of Ps 14,722,447,991. 85. (PR Newswire)
Profile: Ingrid Betancourt Dec 1, 2007
At the time of his death, he was riding high in the polls, campaigning on a platform of populist reform and zero tolerance towards drug lords such as Pablo Escobar, the notorious head of the Medellin cocaine cartel and the most powerful gangster the world has known ... The Medellin and Cali cartel leaders, he said, had been long-time allies until, from jail, Escobar had two close allies of the Rodriguez brothers brutally tortured and killed for refusing to pay his "taxes" ... He was to be held... (Guardian Unlimited -- World)
See Colombia. Ratify Free Trade Nov 29, 2007
Not too long ago, Medellin, not Baghdad, was considered the world's most violent city. Now where gun battles between drug gangs once raged in the Santo Domingo-Savio neighborhood sits a shiny new library: a perfect place to enjoy a book, and an even better place to witness the transformation of a city and of an entire country, Colombia, once known as the global capital of murder, kidnap and cocaine. (Time.com)
Venezuela Recalls Ambassador to Colombia After Clash Between Chavez, Uribe Nov 28, 2007
Colombiana de Tejidos SA, based in Medellin, headed for its steepest two-day fall in 18 months amid concern over its business in Venezuela. Colombia's benchmark stock index fell for a second day, declining 0. (Bloomberg -- Latin America)
Colombia's success can mean larger market for Miss. products Nov 26, 2007
The city of Medellin was once ground zero for international drug cartel operations, and it had one of the highest homicide rates in the world. Violence there has been reduced to its lowest level in decades. (The Clarion-Ledger)
Colombian Uribe boosts tough-guy image over Chavez Nov 24, 2007
But in Colombia, the diminutive lawyer and farmer from the mountains outside Medellin is respected as a decisive leader who runs the country much like one of the ranches where he likes to show off his horseback riding skills to guests. At one of his televised town hall meetings, where voters complained that a public works project was behind schedule, the bespectacled Wall Street favorite pulled his mobile phone from his pocket to call a Cabinet minister to express his ire. (Reuters)
A Colombia Comeback Nov 23, 2007
MEDELLIN, Colombia-- In what was once the most dangerous neighborhood of this, the world's most notorious city, a Sunday afternoon is a bustling, joyful affair ... Gregory Meeks, part of a congressional delegation visiting from the United States, "they're cooking pizzas, they're eating ice cream, boyfriends and girlfriends are holding hands -- this is amazing, this Medellin! We're supposed to be dodging bullets." ... Medellin's murder rate is now lower than Baltimore's. (Townhall.com)
Nothing lost in translation -- Blinn’s Vanegas, Daniel have made adjustments to life in U.S. Nov 14, 2007
Vanegas, who hails from Medellin, Colombia, is in her third season with Blinn after redshirting last season due to an injury. Daniel, a true sophomore from Limeira, Brazil, joined the team last season. (Brenham Banner, TX)
Cartagena's close-up Nov 10, 2007
After all, Colombia itself has existed, yet not existed, for years; ever-present in headlines especially with drug-and violence-related news from Medellin it has been next to impossible to see it first-hand. Now, both onscreen and as a compelling destination, Cartagena, like Gabo, may finally be returning to the realm of the real. (Globe and Mail)
Lincoln: Colombian aid an anchor in populist Latin America Nov 6, 2007
and Lindsey Graham, R-S.C., toured a flower farm in Medellin, once the violent hometown of cocaine dealer Pablo Escobar ... Lincoln said statistics show Medellin's once bloody streets now see a homicide rate closer to Baltimore, a level she described as "manageable." She said money from USAID, which provide humanitarian aid to foreign countries, helped create the flower farm, employing those who might otherwise work harvesting and processing coca leaves. (Pine Bluff Commercial, AR)
Payoffs from U.S. firms fuel Colombian terror, activists say Oct 30, 2007
Less than 5% of the Colombian labor force is unionized, vs. about 14% two decades ago, according to the union-affiliated Escuela Nacional Sindical in Medellin. In recent months, as a negotiated demobilization of Colombia's paramilitaries continued, the question of what corporations did, and are doing, to operate amid the conflict drew sustained attention here. (USA Today -- Money)
Choco, Colombia's Pacific Coast Oct 29, 2007
A longstanding ecotourism destination of choice for residents of Medellin, Nuqui boasts a dramatic coastline with rocky promontories and stretches of beach ideal for surfing. Boasting numerous award winning eco lodges along the beaches to the north and south of the town, Nuqui is an ideal jumping off point for expeditions and adventures along the Choco coastline. (Suite101.com)
Colombian Protesters March Against Guerilla Violence Oct 18, 2007
5 million people in the four biggest cities of Bogota, Medellin, Cali and Barranquilla, spokesman Alberto Cantillo said by telephone. The deaths of the lawmakers derailed joint efforts by France and Colombia to negotiate an exchange of prisoners, including French-Colombian former presidential candidate Ingrid Betancourt and three U.S. citizens. (Yahoo News -- Colombia)
Latin rhythms flavor his jazz Oct 17, 2007
Last year's concert, performed before an estimated 25,000 fans, was part of annual Colombian jazz festival featuring national and international artists that began in Medellin before ending in the capital city of Bogota. "That was an awesome tour, and Colombia is crazy about jazz," said Herwig between classes at Rutgers University, where he teaches jazz trombone, improvisation and arrangement. (Pittsburgh Post-Gazette, PA)
Relea: Pablo Escobar Oct 17, 2007
Of the current Colombian President, lvaro Uribe, Vallejo says that the chief of the Medellin Cartel idolised him. She states that the (Colombian) leader, as director of civil aeronautics (1980-1982), granted dozens of licences for landing strips and hundreds for aircraft and helicopters on which the drug trafficking infrastructure was built. (Zmag.org)
What's Eating Colombia's President?Washington's close ally in Latin America is railing against judges and journalists who question his political record Oct 17, 2007
According to Vallejo, Escobar offered Uribe his helicopter to transport his father and brother, who was injured in the attack, from their farm to Medellin. News reports from the time, describing the failed kidnapping corroborate her account. (Time.com)
Bush Urges Congress to Approve Trade Accords With Latin American Nations Oct 14, 2007
The Bush administration plans a series of congressional visits this year to Medellin, a Colombian city that gained notoriety in the 1980s as a drug haven. It also plans a new aid package aimed at beefing up the ability of President Alvaro Uribe to prosecute those accused of killing labor organizers, according to U.S. trade officials. (Bloomberg -- Latin America)
Palacios injured in practice Oct 14, 2007
The 6-foot-8, 250-pound Medellin, Colombia native was expected to start for Louisville at power forward and also split time at small forward this season. A report on FoxSports Saturday afternoon said it is believed to be a sprained MCL. Fox's Jeff Goodman was in UofL's YUM. (Louisville Sports -- Rivals.com)
Ex-Colombian minister convicted in '89 killing Oct 13, 2007
Escobar and members of his Medellin cartel feared Galan's victory would mean their extradition from to the United States ... Hundreds of other Colombians died in cartel bomb attacks in Bogota and Medellin. (CNN -- World)
Juanes returns to childhood town in Colombia for unveiling of bronze statue in his likeness Oct 13, 2007
Juanes, whose real name is Juan Esteban Aristizabal Vasquez, was born in Colombia s second-largest city of Medellin, but spent much of his childhood in the small agricultural town where his family has lived for generations. Along with Shakira, Juanes is one of Colombia s most famous musical exports, rising to fame with the hits A Dios Le Pido and La Camisa Negra. (Somerset Daily American, PA)
Colombia's First Low Cost Airline Oct 13, 2007
Medellin to Apartado, Monteria, Bucaramanga, Pasto. Cali to Pasto and Monteria. (Suite101.com)
Stone to produce another 'Escobar' Oct 9, 2007
Carnahan has worked for five years on "Killing Pablo." Awareness of the subject was recently heightened by "Medellin," a fictional film that was part of an ongoing storyline in the HBO series "Entourage.". While Carnahan and Yari downplayed a rival's emergence in announcing that their Escobar film was on firm footing, the "Escobar" producers said theirs is an honest depiction of Escobar's rise to become one of the world's richest men by leading the Medellin drug cartel and inflicting terror upon... (Variety)
Aero Republica Begins Service to Panama from Bucaramanga, Colombia Oct 9, 2007
Aero Republica, Colombia's second-largest domestic carrier, provides service to 12 cities in Colombia, as well as international connectivity with Copa Airlines' Hub of the Americas from the Colombian cities of Bogota, Bucaramanga, Cali, Cartagena and Medellin. Copa Holdings, through its Copa Airlines and Aero Republica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. (PR Newswire)
Candidates owe us their views on the drug war Oct 9, 2007
American assistance helped Colombia, on the brink of becoming a narco-state only a decade ago, crush the monstrous Medellin cartel, disrupt the Cali syndicates, and effectively attack drug-dealing insurgents and paramilitaries. The American public should want to know what those who would be president think of all this. (Human Events Online)
Reporter flees Colombia threats Oct 7, 2007
In the book, by Virginia Vallejo and entitled Loving Pablo, Hating Escobar, it is alleged that Mr Uribe had close ties to the head of the Medellin drug cartel. "Ever since Uribe came out defaming me and accusing me, I have been sought after by the hitmen of Colombia, and there are a lot of them in Colombia," Mr Guillen said. (BBC News -- Americas)
* Freelance reporter leaving Colombia over death threats Oct 7, 2007
Colombian President Alvaro Uribe on Tuesday accused the 55-year-old journalist of ghostwriting a book by a former mistress of the late drug lord Pablo Escobar that alleges Uribe was a friend of the Medellin cocaine cartel. "Behind this lady is Gonzalo Guillen who has dedicated his journalistic career to infamy and lies," the president, who has repeatedly denied any ties to Escobar, said on radio. (Taipei Times, Taiwan -- World)
Colombia coach takes another look at ngel Oct 4, 2007
Angel, who played for his hometown club of Nacional of Medellin before moving to River Plate in Argentina and then Aston Villa, was relegated to bench earlier this year in England. His transfer to the United States has revitalized his career. (SportsIllustrated.CNN -- Soccer)
Colombia rising above its tragic past, but labor turmoil lingers Oct 4, 2007
By David J. Lynch, USA TODAY MEDELLIN, Colombia In a city long synonymous with murder and mayhem, the neighborhood of Santo Domingo Savio was among the most deadly precincts ... An astonishing turnaround, in fact, has slashed Medellin's murder rate to less than one-tenth the 1991 figure and planted hope where despair once thrived ... He got a job selling lottery tickets on a street corner, part of a booming trade in Medellin, but one controlled by paramilitaries. (USA Today -- Money)
Bush Administration Boosts Pressure to Pass Trade Agreement With Colombia Oct 4, 2007
The administration plans a series of congressional visits this year to Medellin, a Colombian city that gained notoriety in the 1980s as a drug haven ... For example, Medellin, once the most dangerous city in the world, brought its murder rate down to 29 per 100,000 last year from 381 per 100,000 in 1991, Gutierrez wrote. (Bloomberg -- Latin America)
Successful Offering of Bancolombia's Ordinary Notes Sep 27, 2007
MEDELLIN, Colombia, Sept. 26 /PRNewswire-FirstCall/ -- -- The first issuance and offering of Bancolombia's Ordinary Notes was for an aggregate principal amount of Ps 400 billion. -- The lead coordinator and lead book-running manager for the transaction was Banca de Inversion Bancolombia S.A. Corporacion Financiera. (PR Newswire)
The Attorney General's Office Revoked Its Decision to Prosecute Officers of Bancolombia S.A. Sep 26, 2007
MEDELLIN, Colombia, Sept. 25 /PRNewswire-FirstCall/ -- Today, the Attorney General's Office (Fiscal Delegado) of the Supreme Court of Justice (Corte Suprema de Justicia), upon an appeal, revoked the previous decision of the Attorney General's Office, dated January 4, 2007 and decided not to prosecute the President and the Executive Vice President of Bancolombia S.A. (Bancolombia) in connection with events relating to the acquisition of Banco de Colombia by Banco Industrial Colombiano (BIC) and... (PR Newswire)
Sydney's transport future Sep 25, 2007
Despite the country's problems its two largest cities, Medellin and Bogota have implemented efficient, fast, integrated public transport networks. Makes you wonder what the NSW Labor does with all those corrupting dollars it receives from companies. (Sydney Morning Herald -- Australia)
Medellin Wonders What Pelosi, Sweeney are Smoking Sep 20, 2007
Sept. 20 (Bloomberg) -- Is there a town in the world with a reputation worse than Medellin's ... In the HBO series ``Entourage,'' the characters are obsessed with capturing the evil of Pablo Escobar in a film called ``Medellin,'' chronicling his rise to head the drug cartel that ruled the city ... Their underlying hesitation is simple: If Medellin is in Colombia, then Colombia is too dangerous to trade with. (Bloomberg -- Columnists)
Illegal immigrants own homes with help of bank loans Sep 18, 2007
Instead, he and his family scrimped to build a $70,000 three-bedroom flat in the Colombian city of Medellin, with sparkling views of the city's hills ... He still owns the apartment in Medellin, but had to rent it to someone else. (Boston Globe)
Uribe Claims Success in Drug War as He Pushes for U.S.-Colombia Trade Deal Sep 16, 2007
At the beginning of a closed-door meeting with Commerce Secretary Carlos Gutierrez and American lawmakers today near Medellin, Uribe boasted of the capture of Diego Montoya, one of the country's biggest drug dealers, and pledged to extradite him to the U.S. ... Meeks and other lawmakers suggested that Uribe send the mayor of Medellin, Sergio Fajordo, to Washington to lobby for the accord, along with five labor leaders whom they met. (Bloomberg -- Latin America)
An arrest praised Sep 13, 2007
Still, top U.S. military and law enforcement officials were clearly pleased by the Colombian army's arrest of Montoya, saying it was the most powerful blow to the cartels' leadership since Medellin trafficker Pablo Escobar was killed in 1993 and the Cali-based Rodriguez Orejuela brothers were captured in 1995. "It was like getting Al Capone at the height of Prohibition," Adm. (Los Angeles Times)
Alleged cocaine kingpin captured Sep 11, 2007
Colombian officials called it their biggest drug war victory since the 1993 slaying of Medellin cartel leader Pablo Escobar. Washington welcomed the news. (Los Angeles Times)
Most wanted drug dealer captured Sep 11, 2007
Colombian officials called it their biggest drug war victory since the 1993 slaying of Medellin cartel leader Pablo Escobar ... The Norte del Valle cartel rose in the mid-1990s from the ashes of the once dominant Medellin and Cali gangs, paying for drugs and protection from both far-right paramilitaries and leftist rebels. (Atlanta Journal-Constitution -- World)
Colombian drug lord 'found hiding in bushes' Sep 11, 2007
Colombian authorities called the capture of Diego Montoya their biggest drug war victory since the 1993 slaying of Medellin cartel leader Pablo Escobar. Montoya, who sits with Osama bin Laden on the FBI's ten most-wanted list, allegedly leads the Norte del Valle cartel, Colombia's most powerful and dangerous trafficking organisation, which has shipped hundreds of tons of cocaine to the United States since the early 1990s. (Scotsman)
Cocaine kingpin on FBI's most-wanted list captured in Colombia Sep 11, 2007
BOGOTA (Colombia): Colombian soldiers entered the stronghold of America's most-wanted drug trafficker and arrested him without incident on a small farm, achieving what authorities described as the biggest drug war victory since Medellin Cartel leader Pablo Escobar was gunned down in 1993 ... The Norte del Valle cartel rose in the mid-1990s from the ashes of the Medellin and Cali cocaine cartels, paying for drugs and protection from both far-right paramilitaries and leftist rebels ... The... (Times of India)
'Farc hostage' bodies recovered Sep 10, 2007
The BBC's Jeremy McDermott in Medellin says the Farc have never hidden their admiration for the controversial Venezuelan leader and if anyone can prompt them to make concessions, it's him - but it comes too late for the murdered politicians. Bookmark with. (BBC News -- Americas)
Uribe's Failure to Win Congress Signals U.S. Loss of Free Trade Agreements Sep 10, 2007
They are spreading the message that Colombia is no longer the narco-state of infamous drug kingpin Pablo Escobar, who became one of the world's richest men in the 1980s and was killed by police in 1993 in Medellin. Gutierrez and the U.S. lawmakers will visit Medellin this week to meet labor leaders. (Bloomberg -- Latin America)
Colombian Vice President offers advice to Korean hostages Sep 9, 2007
In 1990, Santos, a young editor at El Tiempo, the country's leading newspaper, which was owned by his prominent family, was kidnapped by drug kingpin Pablo Escobar, leader of the Medellin drug cartel. Along with ten other journalists, he was held for nearly eight months, as part of an unsuccessful attempt to pressure the Colombian government not to extradite Escobar and other members of the cartel to the United States to face drug charges. (Korea Herald, Korea)
Russia pressed over mercenary Aug 30, 2007
Klein was convicted of training a cadre of killers for the Medellin drug cartel ... The Colombian authorities say Klein was hired by the Medellin cartel of drug lord Pablo Escobar, which set up a training school for paramilitaries and assassins in Colombia ... He was finally tracked down and shot dead by police in Medellin in 1993. (BBC News -- Europe)
Appointment of the Administrative Vice President of Bancolombia S.A. Aug 30, 2007
MEDELLIN, Colombia, Aug. 29 /PRNewswire-FirstCall/ -- In a meeting held today, the Board of Directors of BANCOLOMBIA S.A. ("Bancolombia"), appointed Mr. Augusto Restrepo Gomez as Administrative Vice President. Mr. Restrepo will take office as legal representative of Bancolombia once authorized by the Superintendency of Finance of Colombia. (PR Newswire)
Colombia warlord loses benefits Aug 25, 2007
Meanwhile another paramilitary leader, Diego Fernando Murillo, also known as Don Berna, has also been transferred to Combita, while the government investigates his activities while in prison near Medellin. Jimenez commanded what is thought to be Colombia's largest paramilitary group, the United Self-Defence Forces of Colombia (AUC). (BBC News)
Colombia offers an extradition Aug 25, 2007
The government said that Carlos Mario Jimenez, alias "Macaco," had become the first paramilitary leader to be excluded from the peace process because he continued to direct drug-trafficking operations from his cell in Itagui prison near Medellin. "As the government has always said, these gentlemen are being watched," said Interior Minister Carlos Holguin at a news conference in Bogota, the capital. (Los Angeles Times)
Colombia may extradite paramilitary chief to U.S. Aug 25, 2007
One of the remaining warlords held in Itagui prison near Medellin, Francisco Zuluaga, said the commanders remained committed to the peace agreement. Organized in the 1980s, the paramilitaries are accused of some of the worst massacres in conflict as they pushed back guerrillas, snatched land and killed in the name of counterinsurgency, often in collusion with state forces. (CNN -- World)
Colombia to Offer Up Paramilitary Boss Aug 25, 2007
Jimenez was moved Friday from the Itagui prison near the western city of Medellin, where more than 50 paramilitary leaders are being held, to a maximum security prison closer to the capital, Bogota. . (Atlanta Journal-Constitution -- World)
World: World Tango Championship opens in Brazil Aug 18, 2007
The level of competition gets better every year, said Edis Aleida Villa, 29, of Medellin, Colombia. Aleida and her dance partner, 27-year-old Daniel Martinez, banged out sharp, staccato dance steps and leaped across an exhibition center floor in the Stage Tango category, which is characterized by balletic, acrobatic choreography. (San Diego Union-Tribune)
Juanes loves L.A. Aug 18, 2007
For the past year, Juanes has been holed up in his mountain retreat high above the city of Medellin, working in solitude at his home studio late into the night. In February, he was back at Santaolalla's Echo Park studio, La Casa, with a new batch of songs, this time on a hard drive. (Los Angeles Times)
Do you tango?Union City presents a tribute to Argentinean music and dance Aug 13, 2007
Over the years, Vasquez has performed in venues across the United States, as well as in Buenos Aires, Argentina and Medellin, Colombia. He also produced and created several tango shows including "The Son of Tango.". (Union City Reporter, NJ)
Latin Stocks Fall on U.S. Hiring Slowdown, Credit Concern; Petrobras Slips Aug 6, 2007
Brokerage Interbolsa SA lowered its share price forecasts for the Medellin, Colombia-based fabric maker to 53. 35 pesos from 74. (Bloomberg)
Uribe offers Colombia talks zone Aug 3, 2007
The humble schoolteacher from a remote town by the Ecuadorian border has taken Colombia by storm, says the BBC's Jeremy McDermott in Medellin. Farc demand. (BBC News -- Americas)
Lembit waits for Ming to make an offer he can't refuse Aug 2, 2007
from The Independent & The Independent on Sunday. Lembit waits for Ming to make an offer he can't refuse. (Independent)
* Colombia admits to military corruption Aug 1, 2007
The two luxury apartments in Medellin -- valued at almost US$13 million -- were raided by order of the Prosecutor's Office as part of the government's campaign to compensate some 9,000 victims of paramilitary violence over the past 20 years, the official said. The items found in the apartments, one of which belonged to Castano's brother Carlos -- whom Vicente allegedly ordered to be killed to take over his organization -- will be sold to raise funds for the victims. (Taipei Times, Taiwan -- World)
Colombia moves to save peace deal Jul 31, 2007
Antonio Lopez, a spokesman for the AUC speaking in the western city of Medellin, said the paramilitaries will rejoin the process to demonstrate their "unflinching commitment" to the country. Sunday's reversal comes six days after leaders of the paramilitary umbrella group known as the AUC halted testimonies in protest of a Supreme Court ruling that went against the 2003 peace pact that led 31,000 right-wing irregulars to disarm. (Aljazeera.Net)
Obituaries in the news Jul 29, 2007
As head of the New Liberal party in the lower house of congress, Villamizar blocked attempts backed by Escobar s Medellin cartel to pass a constitutional amendment forbidding extradition. In retaliation, Escobar placed Villamizar on a lengthy, publicized hit list of adversaries including other politicians, judges, journalists and police for whose murder he offered huge sums. (Park Hills Daily Journal, MO)
Colombia 'drug baron' sent to US Jul 20, 2007
Norte del Valle became Colombia's most powerful drugs organisation after the dismantling of the Medellin and Cali cartels in the 1980s and early 1990s. The head of Colombia's judicial police, Colonel Cesar Pinzon, said Mr Gomez was the "capo of capos". (BBC News -- Americas)
Bancolombia S.A. Prices Offering Of 8,411,470 American Depository Shares Representing 33,645,880 Preferred Shares Jul 17, 2007
MEDELLIN, Colombia, July 17 /PRNewswire-FirstCall/ -- Bancolombia S.A. (the "Bank") (NYSE: ) today announced that it has priced its public offering of 8,411,470 American Depositary Shares ("ADSs"), representing 33,645,880 preferred shares (the "Equity Offering"), at US$ 33. 25 per ADS amounting to US$ 279. (PR Newswire)