Bladex Announces the Successful Closing of 3.5 Years Syndicated Loan

Latin America - español

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

May 07, 2014, 06:17 ET

PANAMA CITY, May 7, 2014 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex", or "the Bank", NYSE: BLX) announced today the closing of a US$250 million three and a half year syndicated loan structured and placed globally through Bank of Tokyo Mitsubishi UFJ and Standard Chartered Bank.

Mr. Christopher Schech, Executive Vice President, Chief Financial Officer for Bladex, commented, "We are very pleased to announce the completion of yet another successful global syndication, placing $250MM in global markets with a tenor of 3.5 years in support of our medium-term lending activities. The transaction was led by The Bank of Tokyo Mitsubishi UFJ and Standard Chartered Bank. The professional expertise and client coverage of these two leading banks were key drivers for the successful execution of this transaction, which was widely oversubscribed. In this occasion, we were pleased to see the participation of several of our long-time partners, and we also welcomed a significant number of first time investors, further reinforcing the presence of our franchise in different geographies and markets. We would like to thank all of them for their trust in our Bank, and their commitment to the Latin American and Caribbean Region, which Bladex has been proudly supporting for more than three decades."

Bladex is a supranational bank 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-Euronext in the United States (ticker symbol: BLX). In 2014, Bladex is celebrating the 35^th anniversary of commencement of operations.

Bladex's shareholders include central banks, state-owned entities and commercial banks from 23 Latin America countries, as well as international banks and 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 on the Internet at www.bladex.com or contact:

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

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