Banco Latinoamericano de Comercio Exterior, S.A. (BLX) Company Bio
Banco Latinoamericano provides trade finance services to corporations, sovereign, middle-market companies, and banking and financial institutions in Latin America and the Caribbean. The company was founded in 1977 and is based in Panama.
Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its third issue in the 144A/Reg S market for US$400 million. The five-year term bonds pay a fixed rate coupon of 2.375%.
I wrote an article on Bladex (BLX) last month. In that note, I argued Bladex is trading at a valuation that implies enough margin of safety to be worth a close look. I estimated a normal, or intrinsic, valuation of $20/share. This amount would still imply a discount to book,...
Banco Latinoamericano de Comercio Exterior, S.A (BLX) Q2 2020 Earnings Conference Call July 28, 2020 11:00 AM ET Company Participants Jorge Salas - Chief Executive Officer Ana Graciela de Méndez - Chief Financial Officer Conference Call Participants Jim Marrone - Singular Research Pavel Oliva - Rockhill Global Robert Tate -...
Bladex has prepared a PowerPoint presentation to accompany their discussion today. Joining us today is Mr. Jorge Solis, Chief Executive Officer, and Ms. Ana Graciela de Mendez, Chief Financial Officer. In these communications, we may make certain statements that are forward-looking, such as statements regarding Bladex's future results, plans and anticipated trends in the market affecting its results and financial condition.
Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the region, today announced its results for the second quarter ("2Q20") and six months ("6M20") ended June 30, 2020.