Morgan & Morgan advises underwriters on Bladex’s $400m bond issuance

Panamanian law firm Morgan & Morgan has advised the underwriters on a US$400 million bond issuance by Banco Latinoamericano de Comercio Exterior (Bladex)

Panama City-based Morgan & Morgan has advised BofA Securities, Inc., Mizuho Securities USA LLC., and SMBC Nikko Securities America Inc., as underwriters on the offering, on an issuance by Banco Latinoamericano de Comercio Exterior (Bladex) of five-year term bonds for US$400 million with a fixed coupon of 2.375 per cent, under Rule 144A and Regulation S of the United States Securities Act of 1933. The notes are listed on the Luxembourg Stock Exchange and admitted for trade on the Euro MTF.

Bladex is a New York Stock Exchange-listed multinational bank, originally established by the central banks of Latin American and Caribbean countries to promote foreign trade and economic integration in the region.

M&M’s team was formed by partner and head of the Mergers & Acquisitions, and Securities & Capital Markets practice groups Francisco Arias G. (pictured left) and Corporate partner Roberto Vidal (pictured right), together with international associate Miguel Arias M.

Bladex was advised by Holland & Knight team, with a team led by partner Stephen Double, associate Julia de la Parra, law clerk Maria de Bedout and associate Laura Montejo.