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CITIGROUP – TRASMILENIO

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Legal advisors to Citivalores S.A. and Citigroup Global Markets Inc. “CGMI” acting as joint arrangers, in the structuring of a securitization programme of future fund flows from the Nation’s and Bogotá’s contribution, for the execution of phase III of Transmilenio (The Bogotá mass transit system) to be placed in local and international markets. The total amount of the program is approximately US$890 million. First Tranche was issued for an amount of approximately US$143 million.