H&K counsels Bladex on $87m bond issue

Holland & Knight Mexico has counselled Banco Latinoamericano de Comercio Exterior (Bladex), a Latin American regional export development bank, on its MX$1.475 billion (approximately US$87 million) issuance of bonds (certificados bursátiles).

The securities were placed and publicly offered on the Mexican Stock Exchange on 6 October. The transaction was split into two tranches, the first for an aggregate amount of MX$1,000 million (approximately US$59 million) maturing in three and a half years and the second for an aggregate amount of MX$475 million (approximately US$28 million) maturing in five years.

H&K’s team was led by partner Xavier Mangino (pictured left) and associate Alejandro Briceño (pictured right).