Bladex Leads a New US$100 Million DPR Series for Banco Bolivariano

Bladex (NYSE: BLX) announced the successful closing of a new Diversified Payment Rights (DPR) series for Banco Bolivariano through a syndicated facility of up to US$100 million. The transaction represents the first DPR transaction originated, structured, and distributed by Bladex in Ecuador.

The five-year facility will support Banco Bolivariano’s growth strategy by contributing to the expansion of its business portfolio and strengthening its long-term funding structure. The transaction also reflects the confidence of the international financial market in the bank’s strength, track record, and performance.

Bladex acted as Sole Lead Arranger and Bookrunner, leading the structuring of the series and its placement among a select group of international financial institutions. The transaction included the participation of six institutions and brought four new lenders into Banco Bolivariano’s investor base, expanding its access to international sources of capital. Additionally, the transaction was executed in record time, reaching financial close in less than two months from launch.

Banco Bolivariano is one of Ecuador’s leading private banks and a recognized benchmark in corporate banking, trade finance, cash management, and international payments. The bank combines a strong commercial franchise, a diversified funding base, and a growing digital banking platform, supported by consistent financial performance and a longstanding reputation in the Ecuadorian market.

“This transaction marks an important milestone for Bladex as the first syndicated facility we have structured under a DPR program. It reflects our ability to develop sophisticated financing solutions that expand our clients’ access to long-term international funding under competitive conditions. It also demonstrates Bladex’s role as a bridge between Latin America and international financial markets, mobilizing a diversified network of institutions to support our clients’ growth strategies,” said Samuel Canineu, Chief Commercial Officer of Bladex.

José Medina, Vice President of Finance at Banco Bolivariano, added “This transaction represents an important step in our strategy to diversify our funding sources and strengthen our long-term funding structure. The successful placement of this new series under our DPR program, together with the strong interest shown by participating institutions, reflects the international market’s confidence in Banco Bolivariano’s financial strength and business model. We thank Bladex for its leadership and structuring capabilities in making this transaction possible.”

_{About Bladex
Originally established by the central banks of the region, Bladex began operations in 1979 and today provides financial solutions to financial institutions and corporations throughout the region. Headquartered in Panama, the Bank maintains offices in Argentina, Brazil, Colombia, and Mexico, a New York agency, and a representative office in Peru. Bladex has been listed on the New York Stock Exchange (NYSE: BLX) since 1992, and its shareholders include central banks, state-owned banks, and representative entities from 23 countries in Latin America and the Caribbean, as well as commercial banks and institutional and private investors.}

_{About Banco Bolivariano
Banco Bolivariano is one of Ecuador’s leading financial institutions, recognized for its financial excellence and the quality of its customer service. Its ability to respond quickly enables it to develop products tailored to the needs of each customer segment. Its purpose is to drive Ecuador’s sustainable progress with responsibility and passion.}