Banistmo SA, founded in Panama City, Panama, is a prominent financial institution that serves as a subsidiary of Grupo Bancolombia. The company is dedicated to providing a wide array of banking services, such as retail banking, corporate banking, and wealth management, catering to both individual and business clients throughout Central America.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BISTPP 4.25% 2027-07-31 USDBanistmo SA | Panama | 2027-07-31 | 4.250 | 4.75 |
| BISTPP 4.25% 2027-07-31 USDBanistmo SA | Panama | 2027-07-31 | 4.250 | 4.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Banistmo SA has a notable presence in the bond market, having commenced its bond issuance strategy in the early 2000s. In 2017, the company achieved significant recognition with a USD 300 million issuance that was used for refinancing and expanding its product offerings. Currently, Banistmo's bonds yield competitively within the regional banking sector, with some issued bonds featuring call options that provide additional flexibility to investors. Recent developments have included a strengthening of their capital base, which could pave the way for future issuances and enhance credit ratings, keeping the company well-positioned in a dynamic market.