Holland & Knight Represents Wells Fargo on $150 Million Syndicated Loan to Bladex
NEW YORK (August 25, 2020) – Holland & Knight represented Wells Fargo Bank, N.A., as joint lead arranger and bookrunner and administrative agent on a $150 million senior unsecured syndicated loan for Banco Latinoamericano de Comercio Exterior S.A. (Bladex). BNP Paribas Securities Corp. also acted as joint lead arranger and bookrunner on the transaction, together with Wells Fargo.
Bladex is a NYSE-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.
The transaction attracted the interest of 18 financial institutions from the United States, China, Korea, Japan, Taiwan, Germany, Austria, Hong Kong and Germany, among others, some of which represent new banking relationships for Bladex. Proceeds from the loan will be used by Bladex for general corporate purposes.
Holland & Knight Partner Stephen Double, Associate Alyssa Keon and Foreign Associate Camilo Muriel-Bedoya advised Wells Fargo as to New York law.