Bladex Structures Up to USD 300 Million Bridge Loan for Strategic Investment in Argentina

Bladex (NYSE: BLX) acted as Sole Lead Arranger for an up to USD 300 million Bridge Loan Facility, with an initial commitment of USD 150 million, for San Benito Upstream S.A.U. (“San Benito”), a related company of Pecom Servicios Energía S.A.U. (“PECOM”) and part of the business group led by Luis Perez Companc, to finance the acquisition of a certain conventional block in Argentina.

The facility provides San Benito with the financial flexibility needed to execute this strategic acquisition, supporting growth plans led by PECOM in Argentina’s oil and gas exploration and production sector. This transaction acts as an enabler and a bridge to the structuring of the definitive financing that will fund the acquisition of the assets mentioned above.

The transaction was structured in record time, reflecting the strength of the relationship between the parties, the agility of the teams involved, and Bladex’s ability to deliver tailored financing solutions with speed and precision.

“Congratulations to San Benito, PECOM, and all the advisors involved for making this transaction possible. We are pleased to support San Benito and PECOM in the execution of this strategic acquisition, reinforcing a long-standing relationship with the Pérez Companc Group. This transaction reflects our strategy of supporting established clients in resilient sectors such as oil and gas through structured solutions that provide flexibility while maintaining a disciplined approach to risk. Argentina’s energy sector continues to present compelling opportunities, and we are well positioned to support our clients in executing time-sensitive investments while bridging toward long-term financing." said Carlos de Alvear, Senior Vice President - South America and Mexico Region.

_{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 San Benito Upstream S.A.U.
San Benito is a related company of PECOM and part of the business group led by Luis Perez Companc. San Benito is focused on the acquisition of conventional oil and gas assets in Argentina, acting alongside PECOM in strategic upstream transactions. San Benito holds a 49% interest in the Manantiales Behr concession (Golfo San Jorge Basin, Chubut Province), acquired jointly with PECOM in February 2026, and has agreed to acquire additional interests in four hydrocarbon concessions in the Neuquina and Cuyana basins (Mendoza and La Pampa provinces) as part of the group's ongoing expansion in Argentina's oil and gas sector.}