Mizuho and Taiwan Cooperative Bank Arrange $103 Million LatAm Cross-Border Syndicated Loan for Bladex in Asia

NEW YORK, NY--(Marketwired - Sep 30, 2013) - Mizuho Bank, Ltd. (Mizuho) and Taiwan Cooperative Bank (TCB) today announced the successful closing of a three-year, US$103 million cross-border syndication for Banco Latinoamericano de Comercio Exterior, S.A. (Bladex). This financing represents the fifth successful cross-border syndicated loan arranged by Mizuho for Bladex in the Asian financial markets since 2009.

Mizuho coordinated the facility, and together with TCB, served as joint arranger and joint bookrunner on the transaction. Banks from Japan and Taiwan also participated in the facility as lead arrangers and arrangers.

In addition to this transaction, Mizuho has arranged a number of other cross-border syndicated loans for its clients in the Americas in the past year. Mizuho has one of the largest loan syndication groups in Asia, with offices in Tokyo, Hong Kong, Singapore and Taipei.

About Mizuho Bank
Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients, focusing its efforts on serving major corporations, financial institutions, individuals, public sector entities and small and medium-sized enterprises. A relationship management approach to serving clients enables Mizuho Bank, together with group companies including Mizuho Trust & Banking and Mizuho Securities, to develop customized solutions in areas such as corporate, structured and project finance, investment banking, transaction banking and risk management. With offices in 32 countries, Mizuho Bank offers clients both localized service and the extensive reach of a global business network. Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest financial services companies in the world, with total assets of approximately $1.7 trillion as of June 30, 2013.

About Banco Latinoamericano de Comercio Exterior, S.A.
Bladex is a supranational bank established in 1975 by the central banks of Latin America and Caribbean countries, to promote foreign trade finance in the Region. 

Based in Panama, its shareholders include central banks, state-owned entities and commercial banks from 23 Latin America countries, as well as international banks and private investors.

In 1992, Bladex became the first Latin American bank registered by the Securities and Exchange Commission (SEC), with the successful public offering of its Class "E" shares in the international markets.

The Bank has offices in six countries of Latin America: Argentina, Brazil, Colombia, Mexico, Panama, Peru, and two in United States of America: Miami and New York, to support the expansion and service to its important client base, that include financial and corporate institutions.

For more information on the Bladex's activities, please visit www.bladex.com