Bladex Recognized at the LatinFinance Project & Infrastructure Finance Awards 2025 for Landmark Transactions in Latin America, including "Loan of the Year"

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Bladex (NYSE: BLX) was honored at the LatinFinance Project & Infrastructure Finance Awards 2025 on October 3, 2025, winning Loan of the Year and Airport Financing of the Year.

Bladex co-structured a USD 1.6 billion long-term secured financing for Staatsolie’s 20% stake in the Gran Morgu project (Block 58, Suriname), plus USD 125 million in hedging facilities and letters of credit. The deal, with Deutsche Bank and Afreximbank, is the largest project financing in Suriname's history and supports initial offshore production expected by mid-2028.

Bladex also led a USD 940 million financing for Aerodom (USD 500M bond; USD 440M syndicated loan) to fund Dominican Republic airport modernization and expansion.

Positive

• Structured USD 1.6 billion secured financing for Gran Morgu
• Added USD 125 million in hedging facilities and letters of credit
• Largest project financing transaction in Suriname's history
• Supports initial offshore oil production expected by mid-2028
• Structured USD 940 million financing for Aerodom modernization
• Included USD 500 million global bond and USD 440 million syndicated loan

Negative

• None.

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PANAMA CITY, Oct. 3, 2025 /PRNewswire/ -- Bladex (NYSE: BLX) was honored at the 2025 edition of the LatinFinance Project & Infrastructure Finance Awards with two distinctions: Loan of the Year for its participation in the financing of the Gran Morgu project in Suriname, and Airport Financing of the Year for the structuring of the Aerodom financing in the Dominican Republic.

"This recognition from LatinFinance deeply honors us and reaffirms our ability to structure innovative financial solutions that not only mobilize capital, but also generate transformative impact in the countries of the region," said Samuel Canineu, Chief Commercial Officer of Bladex. "Our commitment remains the same: to connect opportunities, support sustainable growth, and actively contribute to the development of Latin America."

Bladex, together with Staatsolie, structured a long-term secured financing of USD 1.6 billion, plus additional hedging facilities and letters of credit totaling USD 125 million. These funds will be used to refinance existing debt and finance Staatsolie's 20% participation in the Gran Morgu project, located in Block 58 off the coast of Suriname.

The transaction, co-structured with Deutsche Bank and Afreximbank and financed by a syndicate of international banks, stands as the largest project financing transaction in Suriname's history and paves the way for initial offshore oil production expected by mid-2028.

In addition, LatinFinance also recognized Bladex's leadership in structuring a USD 940 million financing for Aeropuertos Dominicanos Siglo XXI (Aerodom), in partnership with six international financial institutions. The operation included a USD 500 million global bond issuance and a USD 440 million syndicated loan, aimed at funding an ambitious modernization and expansion plan of the Dominican Republic's airport infrastructure.

This financing ranks among the largest corporate financings in the Dominican Republic's history and represents a key step in strengthening the country's air connectivity and logistical development, supporting the growth of tourism, trade, and foreign investment. The transaction consolidates Aerodom's role as a strategic operator in the Caribbean and reflects Bladex's commitment to projects that foster regional competitiveness and sustainable development.

About Bladex

Bladex is a multinational bank established in 1979 by the central banks of Latin America and the Caribbean to promote trade finance and economic integration in the region. Headquartered in Panama, with representative offices in Argentina, Brazil, Colombia, and Mexico, and a representative agency in the United States, the Bank provides financial solutions to institutions and corporations throughout the region. Bladex has been listed on the New York Stock Exchange (NYSE: BLX) since 1992 and on the Mexican Stock Exchange for over a decade. Its shareholder base includes central banks, government entities, and banks from twenty-three Latin American countries, as well as institutional and private investors. www.bladex.com           

Contact:
Felipe Suarez
SVP Head of Loan Structuring & Sindications,
Tel:  +(507) 210-8500
www.bladex.com
@bladexlatam

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SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)

FAQ

What awards did Bladex (BLX) win at the LatinFinance 2025 awards?

Bladex won Loan of the Year and Airport Financing of the Year on October 3, 2025.

How much financing did Bladex structure for the Gran Morgu project (BLX)?

Bladex co-structured a USD 1.6 billion secured financing plus USD 125 million in hedging facilities and letters of credit.

When is initial offshore production for Gran Morgu expected following the BLX-backed deal?

Initial offshore oil production is expected by mid-2028.

What was the size and composition of the Aerodom financing led by Bladex (BLX)?

The Aerodom package totaled USD 940 million: a USD 500M global bond and a USD 440M syndicated loan.

Why is the Aerodom financing significant for the Dominican Republic and BLX shareholders?

It funds airport modernization and expansion, strengthening air connectivity and economic growth.

Which partners co-structured the Gran Morgu financing with Bladex (BLX)?

The transaction was co-structured with Deutsche Bank and Afreximbank and financed by a syndicate of international banks.