Key Developments: Banco Latinoamericano de Comercio Exterior SA (BLX)
23.36USD
17 May 2013
$0.15 (+0.65%)
$23.21
$23.32
$23.39
$23.15
115,599
136,500
$25.39
$18.47
Latest Key Developments (Source: Significant Developments)
Banco Latinoamericano de Comercio Exterior SA Announces First Quarter 2013 Quarterly Dividend
Banco Latinoamericano de Comercio Exterior SA announced a quarterly cash dividend of USD0.30 per share corresponding to results for first quarter 2013. The cash dividend was approved and maintained for the third straight quarter by the Board of Directors at its meeting held April 16, 2013, and is payable May 7, 2013 to the Bank's stockholders as of the April 29, 2013 record date. Full Article
Banco Latinoamericano de Comercio Exterior SA Reaches Agreement To Divest Asset Management Unit
Banco Latinoamericano de Comercio Exterior SA announced that the Bank reached a substantial agreement on the terms of sale for Bladex's Asset Management Unit (the Unit), and is in the process of completing final documentation. The agreement contemplates the sale of the Unit to current executives of Bladex Asset Management, together with a third party investor. The transaction is expected to be completed by March 31, 2013. Financial terms were not disclosed. Full Article
Banco Latinoamericano de Comercio Exterior SA Announces Quarterly Dividend Payment For Fourth Quarter 2012
Banco Latinoamericano de Comercio Exterior SA announced a quarterly cash dividend of $0.30 per share corresponding to the fourth quarter 2012. The cash dividend was approved by the Board of Directors at its meeting held January 21, 2013, and is payable February 8, 2013 to the Bank's stockholders as of the February 1, 2013 record date. Full Article
Banco Latinoamericano de Comercio Exterior SA Announces $130 Million Senior Credit Facility
Banco Latinoamericano de Comercio Exterior SA announced the closing of a $130 million syndicated dual-currency, senior, multi-tranche revolving and term loan credit facility for Colombia-based CENTELSA, a player in the electrical and telecommunications wire and cable markets, with Bladex as the sole bookrunner and administrative agent. Participating banks included several financial institutions from Colombia, Panama, and Brazil. The transaction was completed during December 2012. Full Article
Banco Latinoamericano de Comercio Exterior SA Announces Quarterly Dividend Payment For Third Quarter 2012
Banco Latinoamericano de Comercio Exterior SA announced a quarterly cash dividend of $0.30 per share corresponding to the third quarter 2012. The cash dividend is payable November 1, 2012 to the Bank's stockholders as of the October 26, 2012 record date. Full Article
Standard & Poor's Confirms Its Credit Ratings On Banco Latinoamericano de Comercio Exterior SA
Banco Latinoamericano de Comercio Exterior SA announced that Standard & Poor's has confirmed its long-term and short-term credit ratings on the global scale on the Company at BBB and A-2, respectively, as well as its debt rating on the national scale at mxAAA. The outlook is stable. Full Article
Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend Payment for Second Quarter 2012
Banco Latinoamericano de Comercio Exterior, S.A. announced a quarterly cash dividend of USD0.25 per share corresponding to the second quarter 2012. The cash dividend was approved by the Board of Directors and is payable August 7, 2012 to the Bank's stockholders as of the July 30, 2012 record date. Full Article
Banco Latinoamericano de Comercio Exterior, S.A. Announces Management Change
Banco Latinoamericano de Comercio Exterior, S.A. announced that Mr. Jaime Rivera submitted his resignation and will step down as Chief Executive Officer effective July 31, 2012. He will be succeeded by Mr. Rubens V. Amaral Jr., currently the Bank's Chief Commercial Officer and Alternate to the CEO. Full Article
Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend
Banco Latinoamericano de Comercio Exterior, S.A. announced a quarterly cash dividend of USD0.25 per share corresponding to the first quarter 2012. The cash dividend was approved by the Board of Directors and is payable May 10, 2012 to the Bank's stockholders as of the April 30, 2012 record date. Full Article
Banco Latinoamericano de Comercio Exterior, S.A. Announces USD400 Million Bond Issuance
Banco Latinoamericano de Comercio Exterior, S.A. announced the issuance of a USD400 million bond, the Bank's first 144A/Reg S transaction in several years. The bonds, which mature in 2017, pay a fixed rate coupon of 3.75%. The issue was substantially oversubscribed and placed with global institutional and retail investors. The bookrunners for this issuance were Bank of America-Merrill Lynch and Credit Suisse. Full Article
Bank of China closes account of key North Korean bank
BEIJING - Bank of China Ltd has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March after Washington accused it of helping finance Pyongyang's nuclear weapons program.
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