Bladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan Facility

Core Viewpoint - Bladex successfully structured a syndicated loan of US$665 million for Interceramic, which will be used for share repurchase and early repayment of an existing loan [3][5][6] Group 1: Company Overview - Interceramic, established in 1979 in Chihuahua, Mexico, is a leading producer of glazed ceramic tiles and related products in Mexico, the United States, Guatemala, and China [1] - The company is recognized for its quality, innovation, and service, offering a wide range of high-quality ceramic products with innovative designs [1] Group 2: Financial Institution Overview - Bladex, a multinational bank founded in 1979, promotes foreign trade finance and economic integration in Latin America and the Caribbean [2] - The bank is headquartered in Panama and has offices in several countries, including Argentina, Brazil, Colombia, Mexico, and the USA [2] - Bladex has been listed on the NYSE since 1992 and has a diverse shareholder base, including central banks and financial institutions from 23 Latin American countries [2] Group 3: Loan Transaction Details - The syndicated loan for Interceramic consists of a US$600 million tranche for 12 months and a US$65 million revolving line for 3 years [3] - The transaction was oversubscribed 1.4 times, with participation from over 12 Mexican and international banks [4] - The funds will be utilized for a Public Tender Offer to repurchase shares and to repay an existing syndicated loan [5] Group 4: Statements and Impact - Jorge Guemez, Country Manager of Bladex Mexico, expressed satisfaction with the execution of the loan, highlighting it as the sixth syndicated loan led by Bladex in Mexico [6] - This transaction underscores Bladex's capabilities in structured transactions and its access to a broad network of financial institutions [6]