PANAMA
CITY, Republic of Panama, May 21, 2024
/PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A.
("Bladex" or "the Bank", NYSE: BLX) announced today the closing of
a new global syndicated loan of US$400
million. Sumitomo Mitsui Banking Corporation (SMBC) acted as
"Sole Lead Arranger and Sole Bookrunner".
Thirty-three financial entities from Japan, Taiwan, South
Korea, Spain, Austria, the United
States of America, India,
and China participated in the
transaction.
Mr. Eduardo Vivone, Executive
Vice President, Treasury and Capital Markets at Bladex, commented:
"This new facility, which includes both relationship banks and new
entities from various geographies, is a clear indication of the
consolidation of Bladex as a Latin American reference entity for
global financial markets. I would like to thank all participating
banks for their very valuable support to our Bank and the Latin
American and Caribbean Region, and especially the SMBC team for the
high level of professionalism with which this transaction was
executed."
Mr. Jorge Salas, Chief Executive
Officer of Bladex, added: "We are very pleased to announce the
largest syndicated facility ever closed in Bladex's history. This
facility brings diversification to our funding structure and
complements our robust deposit base, which has experienced
sustained growth since the implementation of our strategic plan.
Bladex will use these funds to continue fostering growth and
foreign trade in our member countries."
Bladex is a multinational bank originally established by the
central banks of the Latin American and Caribbean countries. It began operations in
1979 to promote foreign trade and regional integration. The Bank,
headquartered in Panama, also has
offices in Argentina, Brazil, Colombia, Mexico, and the
United States of America, as well as a representative
license in Peru, to provide
services and regional support to its client base, which includes
financial entities and corporations. Bladex has been listed on the
New York Stock Exchange, United States of
America (NYSE: BLX), since 1992, and its shareholders
include central banks, state banks, and representative entities
from 23 Latin American and Caribbean countries, commercial banks, and
institutional and private investors through the public offering of
its shares.
For more information, please visit the Bladex website,
www.bladex.com, or contact:
Annette vH de Solís - Senior Vice President | Treasury and Capital
Markets
E-mail address: asolis@bladex.com
Tel.: +507-210-8560
Head Office: Torre V, Business Park, Ave. La Rotonda, Urb. Costa
del Este, Panama, Republic of
Panama.
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SOURCE Banco Latinoamericano de Comercio Exterior, S.A.
(Bladex)