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Grupo Financiero Uno

Senior long- Term

Financing Provided by DEG

US$ 27,500,000

June 2005

strong>Grupo Financiero Uno provides retail banking, credit cards, insurance and asset management services to more than one million retail customers in Central America.

Long-term senior-debt financing was provided to Banco Uno S.A. (Panama) and Banco Uno S.A. (El Salvador) for liquidity management and funding diversification purposes by the German development bank, DEG.

Pan American Finance initiated this transaction and acted as an advisor to DEG.