《Disney +》 迪士尼、Marvel、彼思、星球大戰…  IKEA聯乘ROG電競系列 免費體驗IKEA電競體驗館!   【開箱】三模連線!高CP值無線電競滑鼠ASUS「ROG Keris Wireless」!   《Bloodhunt》將在 2021 年於 PlayStation 5 推出   魔物獵人崛起發售在即!3/8、3/9連續2日舉辦「魔物獵人」系列線上數位活動!   《Ratchet & Clank: Rift Apart》的跨次元旋律將於7月11日登場   龍族拼圖Puzzle & Dragons和日本動漫咒術迴戰合作活動!   《決勝時刻》為歡慶節日,推出「節慶熱力四射」   《地平線:西域禁地》:栩栩如生的世界 

ArtCap Strategies Co-Arranges With Apollo Global Funding LLC, a USD 90 Million Senior Secured Term Loan for Banesco (Panama) S.A.

商業

George Town, Cayman Islands, Jul 26, 2023 - (亞太商訊) - ArtCap Strategies, a Cayman-based investment group specialized in direct lending throughout Latin America and the Caribbean, is pleased to announce the successful closing of a 10-year USD 90 million senior secured term loan for Banesco (Panama) S.A. ("Banesco"), Panama's fourth largest bank in terms of deposits, that belongs to a financial group (Banesco International), with presence in 14 countries. The loan proceeds will be utilized to fund the growth of Banesco's consumer loan portfolios and general corporate purposes.

Secured by a portfolio of mortgages, this financing demonstrates ArtCap's commitment to supporting financial institutions with their strategic objectives while creating investment opportunities that meet international investor demands.

The ArtCap Strategies team boasts unique and extensive experience in executing structured financings for financial institutions throughout the region with an established track record of delivering innovative tailor-made solutions.

"We are delighted to have successfully closed this senior secured term loan for Banesco," said Antonio Navarro, Managing Partner at ArtCap Strategies. "This transaction not only enables Banesco to expand its loan portfolio but also highlights our expertise in structuring financing solutions that meet the specific needs of investors while prioritizing risk management. As some large investment banks retreat from the region, we are proud to bridge the gap and provide vital support to institutions like Banesco."

"We are pleased to have secured this facility for Banesco, which will fuel the growth of our franchise in the country," stated Juan Yague, CFO of Banesco. "ArtCap Strategies' expertise in executing structured financings has proven invaluable for Banesco, and we appreciate their commitment to providing tailored solutions that meet our needs."

About ArtCap Strategies

ArtCap Strategies is a Cayman-based investment group specializing in structuring custom solutions for clients in Latin America and the Caribbean. With a team of seasoned professionals and a comprehensive suite of products and services, ArtCap empowers its clients and investors to navigate complex financial landscapes in order to achieve their strategic objectives.

For media inquiries, please contact:
[email protected]
www.artcapstrategies.com

This press release contains certain statements that may include "forward-looking statements". All statements, other than statements of historical fact, included herein are "forward-looking statements." The forward-looking statements are based on ArtCap's beliefs, assumptions and expectations of future performance, taking into account all information currently available to ArtCap,, and can change as a result of many possible events or factors, not all of which are known to ArtCap or are within its control. ArtCap Strategies and the Fund are not registered with, or regulated by, the Cayman Islands Monetary Authority or any other governmental agency in the Cayman Islands.

Contact Information
Antonio Navarro
Managing Partner
[email protected]
2128821321

Copyright 2023 亞太商訊. All rights reserved. www.acnnewswire.com
ACN Newswire

隨機商業新聞

Gearbest