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Bladex Secures Authorization for Major Bond Offering in Colombia

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Bladex Secures Authorization for Major Bond Offering in Colombia

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The latest announcement is out from Banco Latinoamericano De Comercio ( (BLX) ).

On February 14, 2025, Bladex received authorization from the Financial Superintendency of Colombia to register and publicly offer ordinary bonds worth up to COP $300 billion in the National Registry of Securities and Issuers. This development, effective from January 29, 2025, marks a strategic move to strengthen Bladex’s financial position and expand its investment offerings. The bonds, rated AAA by BRC Ratings – S&P Global, will be available to general investors with a minimum investment of COP $1 million, and will be listed on the Bolsa de Valores de Colombia, indicating a robust market presence and promising engagement with stakeholders.

More about Banco Latinoamericano De Comercio

Bladex, or Banco Latinoamericano de Comercio Exterior, is a multinational bank established in 1979 by the central banks of Latin American and Caribbean countries. It aims to promote foreign trade and economic integration in the region. Headquartered in Panama, Bladex operates in several countries including Argentina, Brazil, Colombia, Mexico, and the USA. The bank is listed on the NYSE and its shareholders include central banks, state-owned banks, and entities from 23 Latin American countries, along with commercial banks, financial institutions, and retail investors.

YTD Price Performance: 6.86%

Average Trading Volume: 118,665

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.3B

For an in-depth examination of BLX stock, go to TipRanks’ Stock Analysis page.

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