Bladex Leads $100M 3-Year Senior Unsecured Facility for Banco Promerica

Banco Latinoamericano de Comercio Exterior, S.A. announced the recent closing of a US$100 million three-year syndicated facility in favor of the Guatemalan bank Banco Promerica, S.A.. Bladex was the Sole Lead Arranger and Bookrunner, and Administrative Agent for the Facility. Banco Promerica Guatemala is one of the main subsidiaries of Promerica Financial Corporation (“PFC Group”), a leading financial banking group in Central America with operations in Panama, Guatemala, Costa Rica, Honduras, El Salvador and Honduras, as well as in the Dominican Republic, Ecuador and Cayman Islands. The Bank is...

Pulsate wins “New CUSO of the Year” at 2024 NACUSO Network Conference

Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations (NACUSO) at the NACUSO Network Conference in Orlando, Fla. The CUSO Awards recognize CUSOs with stories of great accomplishments and innovation that push for advancements within the credit union industry. NACUSO’s award committee evaluates each nominee before...

Palmer Square Capital Management hires Andy Wedderburn-Maxwell

Palmer Square is excited to announce the hiring of Andy Wedderburn-Maxwell as a Managing Director based in New York. Given his depth of experience in investment banking and capital markets, Andy is focused on further enhancing the firm’s banking relationships with a particular focus on private credit and our Business Development Company (“BDC”) platform. In addition, Andy will work with our business development team on capital raising as the firm continues to grow and deepen its client roster. According...

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