Bladex Announces The Issuance Of Its First Best Efforts ESG Bond

Bladex Announces The Issuance Of Its First Best Efforts ESG Bond

PANAMA CITY, May 4, 2021 /PRNewswire/ — Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank"), announced the issuance of its first Best Efforts ESG (environmental, social and governance) bond, the net proceeds of which will be deployed on a best effort basis to fund initiatives with positive environmental and social impacts. The bond was issued under the Bank's Euro Medium Term Note program, for a notional amount of US$50 million and matures in 2024. It pays a fixed rate coupon of 1.35%.

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