Panama’s Banco Aliado gets $145 million three-year loan via Bladex

By Wendy Van Sickle

Columbus, Ohio, June 27 – Banco Aliado SA closed a $145 million three-year senior unsecured syndicated loan through Banco Latinoamericano de Comercio Exterior, SA, or Bladex.

Proceeds will be used to support the growth of Banco Aliado’s loan portfolio, according to a company press release.

The transaction was 2.4 times oversubscribed, which allowed the borrower to upsize from its original target of $60 million, the release stated.

Bladex is the lead arranger, bookrunner and administrative agent.

Banco Aliado is based in Panama and is 100% owned by Grupo Aliado SA.

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