IR correction rating of securities

Fitch Ratings – Bogota – Jan 28, 2021: This is a correction to the statement issued on December 2, 2020, whereby Fitch withdrew the ‘AA- (col)’ rating from the 2017 Bonds for COP400,000 million of Odinsa S.A. (Odinsa) due to the redemption and payment of the same.

Fitch clarifies that only the redemption of Series A3 was made for the value of COP279,250 million of the Issuance of Ordinary Bonds of 2017 by Odinsa and, consequently, informs that the revised valuation on July 1, 2020, of the 2017 Bonds for COP400,000 million is still in force and is ‘AA- (col)’.