Bladex announces new debt issuance in Mexico
Bladex (NYSE: BLX) has successfully completed a new debt issuance in the Mexican capital markets, raising MXN 4 billion through Certificados Bursátiles de Largo Plazo (Cebures). The three-year notes feature a floating rate coupon of TIIE de Fondeo plus 59 basis points.
The issuance received strong investor demand, attracting pension funds, asset managers, and financial institutions. The notes earned top ratings of "mxAAA" from S&P Global and "AAA (mex)" from Fitch México. BBVA México and Santander México acted as bookrunners, with Actinver as joint lead manager.
The proceeds will support Bladex's business initiatives across Mexico and Latin America, reinforcing the bank's commitment to promoting trade finance and economic integration in the region.
Bladex (NYSE: BLX) ha completato con successo una nuova emissione di debito nei mercati dei capitali messicani, raccogliendo 4 miliardi di MXN tramite Certificados Bursátiles de Largo Plazo (Cebures). I titoli a tre anni prevedono una cedola a tasso variabile pari al TIIE de Fondeo più 59 punti base.
L'emissione ha registrato una forte domanda da parte degli investitori, attirando fondi pensione, gestori patrimoniali e istituzioni finanziarie. Le note hanno ottenuto i massimi rating di "mxAAA" da S&P Global e "AAA (mex)" da Fitch México. BBVA México e Santander México hanno agito come bookrunner, con Actinver come joint lead manager.
I proventi sosterranno le iniziative commerciali di Bladex in Messico e in America Latina, rafforzando l'impegno della banca a promuovere il finanziamento del commercio e l'integrazione economica nella regione.
Bladex (NYSE: BLX) completó con éxito una nueva emisión de deuda en los mercados de capitales mexicanos, obteniendo MXN 4,000 millones mediante Certificados Bursátiles de Largo Plazo (Cebures). Los bonos a tres años ofrecen un cupón a tasa variable de la TIIE de Fondeo más 59 puntos básicos.
La colocación recibió una sólida demanda por parte de los inversores, atrayendo fondos de pensiones, gestores de activos e instituciones financieras. Las notas obtuvieron calificaciones máximas de "mxAAA" de S&P Global y "AAA (mex)" de Fitch México. BBVA México y Santander México actuaron como bookrunners, con Actinver como joint lead manager.
Los recursos respaldarán las iniciativas comerciales de Bladex en México y Latinoamérica, reforzando su compromiso con la financiación del comercio y la integración económica en la región.
Bladex (NYSE: BLX)가 멕시코 자본시장에서 새로운 채무 발행을 성공적으로 완료하여 MXN 4 billion을 Certificados Bursátiles de Largo Plazo(Cebures)로 조달했습니다. 3년 만기 채권의 쿠폰은 TIIE de Fondeo에 59 베이시스 포인트를 더한 변동금리입니다.
이번 발행은 연기금, 자산운용사 및 금융기관 등 투자자들로부터 강한 수요를 끌어모았습니다. 해당 채권은 S&P Global로부터 "mxAAA", Fitch México로부터 "AAA (mex)"의 최고 등급을 받았습니다. BBVA México와 Santander México가 북러너(bookrunners)로 참여했으며 Actinver는 공동 대표주관사로 참여했습니다.
조달된 자금은 멕시코 및 라틴아메리카 전역에서 Bladex의 사업 추진을 지원하며, 무역금융과 지역 경제 통합을 촉진하려는 은행의 의지를 강화할 것입니다.
Bladex (NYSE: BLX) a finalisé avec succès une nouvelle émission de dette sur les marchés de capitaux mexicains, levant 4 milliards de MXN via des Certificados Bursátiles de Largo Plazo (Cebures). Les titres à trois ans portent un coupon à taux variable correspondant à la TIIE de Fondeo plus 59 points de base.
L'émission a suscité une forte demande des investisseurs, attirant des fonds de pension, des gestionnaires d'actifs et des institutions financières. Les titres ont obtenu les meilleures notations de "mxAAA" par S&P Global et de "AAA (mex)" par Fitch México. BBVA México et Santander México ont agi comme bookrunners, Actinver en tant que co-chef de file.
Les fonds serviront à soutenir les initiatives commerciales de Bladex au Mexique et en Amérique latine, renforçant l'engagement de la banque à promouvoir le financement du commerce et l'intégration économique dans la région.
Bladex (NYSE: BLX) hat eine neue Schuldverschreibung am mexikanischen Kapitalmarkt erfolgreich abgeschlossen und dabei MXN 4 Milliarden durch Certificados Bursátiles de Largo Plazo (Cebures) aufgenommen. Die dreijährigen Papiere weisen einen variablen Kupon von TIIE de Fondeo plus 59 Basispunkte auf.
Die Emission stieß auf starke Nachfrage seitens der Investoren und zog Pensionsfonds, Vermögensverwalter sowie Finanzinstitute an. Die Anleihen erhielten Spitzenratings von "mxAAA" von S&P Global und "AAA (mex)" von Fitch México. BBVA México und Santander México fungierten als Bookrunner, Actinver als Joint Lead Manager.
Die Erlöse werden Bladex bei seinen Geschäftsinitiativen in Mexiko und Lateinamerika unterstützen und das Engagement der Bank zur Förderung der Handelsfinanzierung und der wirtschaftlichen Integration in der Region stärken.
- Strong investor demand exceeded the offered amount
- Achieved top credit ratings from S&P (mxAAA) and Fitch (AAA mex)
- Successfully raised MXN 4 billion in debt financing
- Diverse investor base including pension funds, asset managers, and financial institutions
- Additional debt increases the company's leverage
- Exposure to Mexican peso exchange rate fluctuations
- Interest rate risk due to floating rate structure
Insights
Bladex's MXN 4 billion debt issuance demonstrates strong market confidence and enhances funding diversification for regional expansion.
Bladex has successfully completed a
The dual "mxAAA" and "AAA (mex)" ratings from S&P and Fitch respectively underscore Bladex's strong credit fundamentals. These top-tier ratings typically translate to lower borrowing costs and broader investor appeal, enhancing financial flexibility.
This transaction represents Bladex's strategic deepening in Mexico, which management identifies as their primary destination for public debt issuances. The successful placement achieves several financial objectives: 1) diversifies funding sources beyond traditional banking channels, 2) demonstrates strong market confidence in Bladex's credit profile, 3) secures medium-term liquidity for the bank's growth initiatives in Mexico and throughout Latin America, and 4) potentially improves the duration match between assets and liabilities.
As a trade finance-focused multinational bank with central banks among its shareholders, Bladex occupies a unique position in facilitating regional trade flows. This debt issuance strengthens its capital base for expanding its financing solutions to institutions and corporations throughout Latin America and the Caribbean, enhancing its regional development mandate while supporting its commercial growth strategy.
The notes were issued with a three-year tenor, at a floating rate, with a coupon of the one-business-day TIIE de Fondeo (Equilibrium Interbank Funding Interest Rate) + 59 basis points. The transaction saw demand significantly exceeding the offered amount, with an order book comprised of pension funds, asset managers, and financial institutions.
"We are very pleased with the outcome of this new placement. Once again, Bladex has received strong support from investors in the Mexican market, which has become the primary destination for our public debt issuances. We would like to extend our sincere appreciation to the placement agents for their professionalism and dedication in executing this transaction," said Eduardo Vivone, Executive Vice President of Treasury and Capital Markets at Bladex.
Jorge Salas, Chief Executive Officer of Bladex, added: "
The issuance was rated "mxAAA" by S&P Global Ratings, S.A. de C.V., and "AAA (mex)" by Fitch México, S.A. de C.V.
Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA México, and Casa de Bolsa Santander, S.A. de C.V., Grupo Financiero Santander México, acted as bookrunners and Actinver Casa de Bolsa, S.A. de C.V., Grupo Financiero Actinver acted as joint lead manager.
Bladex is a multinational bank established in 1979 by the central banks of
For more information about Bladex, please visit www.bladex.com or contact:
Peter Stanziola - SVP, Treasury and Capital Markets
Email: pstanziola@bladex.com
Phone.: +507-210-8500
Head Office Address: Edificio Business Park, Torre V, Avenida La Rotonda, Urb. Costa del Este,
View original content:https://www.prnewswire.com/news-releases/bladex-announces-new-debt-issuance-in-mexico-302525627.html
SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)
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