Holland & Knight Advises Grupo Energía Bogotá on COP$400 Billion Commercial Paper Offering

BOGOTÁ (October 22, 2026) – Holland & Knight advised Grupo Energía Bogotá S.A. ESP (GEB) in its successful public offering of commercial paper (Papeles Comerciales de Deuda Pública Interna) listed on the Colombian Stock Exchange (Bolsa de Valores de Colombia) and registered on Colombia's Registro Nacional de Valores y Emisores (RNVE). The offering, completed on October 15, raised 400 billion Colombian pesos (approximately US$126 million).

The offering received bids totaling approximately COP$1.34 trillion (approximately US$422 million), representing demand of approximately 5.35 times the amount initially offered.

The issuance was the first completed under GEB's Programa de Emisión y Colocación de Bonos de Deuda Pública Interna and Papeles Comerciales de Deuda Pública Interna, which has a total authorized amount of up to COP$2.5 trillion (approximately US$789 million). In 2025, Holland & Knight also advised GEB in connection with the establishment of the program.

Holland & Knight's representation of GEB was led by Partner Camilo Gantiva Hidalgo, with support from Senior Counsel Juan Felipe Fontecha Mejía.