Milbank, Tweed, Hadley & McCloy represents Banco Bilbao Vizcaya Argentaria Colombia S.A. (BBVA Colombia) in its $400 million aggregate principal amount of 4.875% subordinated notes due 2025.
BBVA Colombia is one of the leading commercial and retail banks in Colombia. It is the largest foreign-owned bank in Colombia in terms of deposits, the fourth-largest in terms of total assets and deposits, the second-largest in terms of mortgage loans and the largest in consumer loans.
New York-based Global Securities partners Carlos Albarracín and Marcelo Mottesi led the Milbank team, which also included associates Alex Speyer, Gladisley Sánchez, Elizabeth McNichol and Mojdeh Pourmahram.
