📋 Tender Overview
COMPANY NAME
DAVIVIENDA BANK SA
PROJECT NUMBER
15512-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S CATEGORY tooltip
FI-2
COUNTRY
Colombia
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
10/29/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
12/01/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Bond
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 78,222,800
CURRENCY
COP
Project scope and objective
The proposed transaction consists of the subscription of a Senior Sustainability Linked Bond ( SLB ) issuance, issued by Banco Davivienda S.A. ( Davivienda Colombia ), denominated in Colombian Pesos ( COP ) for an amount equivalent of up to US$150 million (the Issuance ), structured as follows: (i) a COP-denominated amount equivalent of up to US$75 million to be subscribed by IDB Invest; and (ii) a COP-denominated amount equivalent of up to US$75 million to be subscribed by other investors. The Issuance will have a tenor of up to five years with bullet payment. The Issuance will follow the use of proceeds framework aligned with the Sustainability Linked Bond Principles established by the International Capital Market Association ( ICMA ).
