Bladex Announces First Bond Issuance On The TOKYO PRO-BOND Market

USA - English

• Latin America - español

PANAMA CITY, June 3, 2016 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announces its first issuance on the TOKYO PRO-BOND Market.  The Notes in the amount of JPY 8 billion (eight billion Japanese Yen) have a tenor of three years plus one day, with a fixed rate of 0.46%.  The transaction was subscribed by a diverse investor base of public funds, regional banks, and cooperative financial institutions, among others.

Mr. Christopher Schech, Executive Vice President & Chief Financial Officer of Bladex, commented, "We are very pleased with our first transaction on the TOKYO PRO-BOND market.  Bladex has had a long and productive relationship with major Japanese financial institutions and we have seen a number of Japanese institutions participate in our syndications both as financing partners and funding providers.  Gaining access to such a relevant fixed income market is a significant step for our Bank, and we are very appreciative of the support and expertise provided by both of our mandated lead managers.  Bladex will employ these funds to continue supporting trade throughout Latin-America and the Caribbean."

The issuance was listed in the TOKYO PRO-BOND Market of the Tokyo Stock Exchange, Inc. through Bladex's U.S. $2,250,000,000 Euro Medium Term Note Program (rated Baa2 by Moody's).  The arrangers were Mizuho International plc and Morgan Stanley & Co. International plc.

Bladex is a multinational bank originally established by the central banks of Latin-American and Caribbean countries, to promote foreign trade finance and economic integration in the Region.  Bladex is listed on the NYSE in the United States of America (ticker symbol: BLX). 

Bladex's shareholders include central banks, state-owned banks and entities representing 23 Latin American countries, as well as commercial banks and financial institutions, institutional and retail investors through its public listing. 

The Bank, headquartered in Panama, has offices in Argentina, Brazil, Colombia, Mexico, Peru, and the United States of America, to support the expansion and servicing of its client base, which includes financial institutions and corporations.

For further information, please access Bladex's website at www.bladex.com or contact:

Mr. Christopher Schech, Chief Financial Officer
E-mail address: [email protected], Tel.: (+507) 210-8630
Head Office Address: Torre V, Business Park, Avenida La Rotonda, Urb. Costa del Este, Panama, Republic of Panama

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SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)

Related Links

http://www.bladex.com