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First Citizens Bank Limited

Debt Restructuring

US$ 171,000,000

August 2010

First Citizens Bank Limited (“First Citizens”) is a leading commercial bank in Trinidad & Tobago. Founded in 1993 through the merger of three banks, First Citizens is wholly-owned by the Republic of Trinidad & Tobago.

Pan American Finance advised First Citizens on the comprehensive restructuring of US$171 million in existing long-term debt facilities provided to HCL for the construction of its One Woodbrook Place mixed-use real estate (residential, retail and office) development in Port-of-Spain.