29 04 2016

Banco Latinoamericano de Comericio Exterior, S.A. $86 Million Securities Offering

Holland & Knight represented Banco Latinoamericano de Comericio Exterior, S.A. (Bladex) in a 1.5 billion pesos (US$86 million) issuance and offer of securities.


Casa de Bolsa BBVA Bancomer and HSBC Casa de Bolsa acted as placement agents for the issuance. The offering is part of the MXN 10 billion program authorized by the Mexican authorities. Bladex, a specialized multinational bank headquartered in Panama City, Panama, was established by the central banks of Latin American and Caribbean countries to promote trade finance in the region. The Bank, led by Rubens Vieira Do Amaral, Christopher Schech, Miguel Moreno, Daniel Otero and Ulysses Marciano, focuses on short-term trade-related loans to borrowers who then loan the funds to various businesses and government institutions involved in foreign trade Bladex was represented by Holland & Knight Mexico City-based partner Alejandro Landa Thierry (Picture) and associates Armando Figueroa Cardenas and Jorge Escalante Zollino. Involved fees earner: Alejandro Landa Thierry - Holland & Knight; Armando Figueroa - Holland & Knight; Jorge Escalante Zollino - Holland & Knight;

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