Bladex takes out syndicated loan

Bladex takes out syndicated loan

Loans Debt Structured Finance Central America Panama

Banco Latinoamericano de Comercio Exterior, or Bladex, has borrowed $150 million in a syndicated loan led by BNP Paribas and Wells Fargo, one of the legal advisers said on Tuesday. The Panama City-based trade finance bank got the loan from 18 financial institutions in the United States, China, South Korea, Japan, Taiwan, Germany, Austria, Hong Kong and Germany, including some banks that had not lent to Bladex before, US law firm Holland & Knight said in a press release. Bladex will use the m

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