Bladex Announces Successful Closing of New 3-Year Global Syndicated Loan
PANAMA CITY, March 18, 2022 /PRNewswire/ — Banco Latinoamericano de Comercio Exterior, SA (“Bladex”, or “the Bank”, NYSE: BLX) today announced the closing of a $300 million three-year global syndicated loan. Sumitomo Mitsui Banking Corporation (SMBC) and Wells Fargo Bank, NA acted as Joint Lead Arrangers and Book-runners. The list of arrangers and participants included financial institutions from Japan, Taiwan, South Korea, The United States of Americathe UK, Austria, Colombia, Indiaand China.
Sir. Eduardo VivoneExecutive Vice President, Treasury and Capital Markets of Bladex, said, “We are very pleased to announce the largest syndicated facility ever entered into by Bladex. This transaction further strengthens Bladex’s broadly diversified funding base and is a clear demonstration of our Bank’s strong franchise in the global financial markets.”
Sir. Jorge SalasBladex Chairman and CEO added, “We are very pleased with the success of this facility, which met very strong investor demand in a volatile market environment. Bladex will deploy these funds to continue to drive trade and growth in our member countries. We would like to congratulate Wells Fargo and SMBC on the success of this new syndicated loan and express our gratitude to all participating banks for their invaluable support to Bladex and the Latin America and Caribbean region. »
Bladex, a multinational bank originally created by the central banks of Latin America and Caribbean country, began operations in 1979 to promote foreign trade financing and economic integration in the region. The Bank, whose head office is in Panamaalso has offices in Argentina, Brazil, Colombia, Mexico, The United States of Americaand a representative’s license in Perusupporting regional expansion and serving its customer base, which includes financial institutions and corporations.
Bladex is listed on the NYSE in The United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks, public banks and entities representing 23 countries in Latin America and Caribbean countries, commercial banks and institutional and retail investors through its public listing.
For more information, please access the Bladex website on the Internet at www.bladex.com or contact:
Ms. Annette de Solís, Senior Vice President – Treasury and Capital Markets
Phone. : (507) 210-8560, Email: [email protected]
Bladex, head office, Torre V, business park, Avenue La Rotonde, Urb. East Coast,
PanamaRepublic of Panama
SOURCE Banco Latinoamericano de Comercio Exterior, SA (Bladex)