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Grupo Financiero CrediQ Corp.

Grupo Financiero CrediQ Corp.

Senior Long- Term

Financing Provided by KFW DEG

US$ 15,000,000

June 2007

Grupo Financiero CrediQ Corp. (“CrediQ”) is the consumer finance unit of Grupo Q Holdings, one of the largest multi-brand, auto retailers in Central America.

Pan American Finance advised CrediQ on a new US$20 million, 6-year, senior term loan from the International Finance Corporation (“IFC”) used as long-term financing to supplement the company’s existing funding sources in El Salvador, Honduras, Nicaragua, and Costa Rica.

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InterEnergy Holdings

InterEnergy Holdings

 

Subordinated Long-Term Debt Project Financing

US$ 16,000,000

December 2014

InterEnergy Holdings (“IEH”) is a holding company that owns and operates power generation and distribution assets in Latin America and the Caribbean.  Its predecessor, Basic Energy Ltd., led by power entrepreneur Rolando Gonzalez Bunster, had 25 years of investment and operational experience in the power sector having acquired and developed over 1,500MW in the Dominican Republic, Argentina, Panama and Jamaica.

Pan American Finance advised IEH on raising US$300 million in long-term financing for the construction of the Phase II and Phase III 215 MW Penonome wind power plant, the largest wind farm in Central America, consisting of US$284 million in senior secured term loans and US$16 million in subordinated debt. The consortium of co-lenders was led by the IFC and included development finance institutions and Panamanian banks.

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Unicell Paper Mills Caribbean Limited

Unicell Papers Mills Caribbean Limited

Debt Restructuring and New Financing

US $55,000,000

October 2009

Unicell Paper Mills Caribbean Limited manufactures tissue paper products including facial, bathroom, napkin, and kitchen tissues. The company was founded in 1999 and is based in Arima, Trinidad and Tobago. As of October 31, 2009, Unicell Paper Mills Caribbean Limited operates as a subsidiary of Grand Bay International A.V.V.

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First Citizens Bank, Ltd.

First Citizens Bank, Ltd.

Debt Restructuring and New Financing

US $184,000,000

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 and, effective upon completion of the 2009 transactions, had total assets of over US$4 billion.

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First Citizens Bank, Ltd.

First Citizens Bank, Ltd.

Debt Restructuring

US $110,000,000

October 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 and, effective upon completion of the 2009 transactions, had total assets of over US$4 billion.

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Papelera Istmeña, S.A.

Papelera Istmeña, S.A.

Acquisition by Painsa Holdings and Financing by Banesco, S.A.

October 2010

PAPELERA ISTMEÑA, S.A. It is a multilatin company that is dedicated to the manufacture, conversion and marketing of personal care products with the highest quality and market standards.

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Polaris Energy Nicaragua

Polaris Energy Nicaragua

Refinancing of Existing Senior Financing

US$ 30,000,000

November 2010

Polaris Energy Nicaragua, S.A. (“PENSA”), owns and operates the San Jacinto – Tizate geothermal power project in Nicaragua. PENSA is a subsidiary of Ram Power Corp (TSX: RPG), a renewable energy company engaged in geothermal power in the US, Canada, and Latin America.

Pan American Finance co-advised PENSA on US$160 million in long-term financing for the Phase II expansion of the project, consisting of US$140 million in senior secured term loans and US$20 million in subordinated debt. The consortium of development bank co-lenders was led by the IFC and included the IDB, Bio, CABEI, DEG, FMO, OeEB, and PROPARCO

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Papelera Internacional, S.A.

Papelera Internacional, S.A.

Senior Debt

US$ 30,000,000

December 2014

Papelera Internacional, S.A. (“Painsa”) is a Guatemala-based manufacturer and distributor of tissue paper products and an affiliate of Montreal-based Kruger Group.

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Bayport Colombia S.A.S.

Bayport Colombia S.A.S.

Senior Long-Term Financing

US$ 50,000,000

May 2015

Bayport FiMSA S.A.S. was founded in November 2007 and is the first Bayport operation in Latin America. Bayport Colombia has adopted a model similar to that of its operations in Africa, in partnership with the local shareholder FiMSA, a loan guarantee company. Bayport offers personal loans similar to the traditional offer. The company is expanding rapidly and is committed to offering simple and affordable loans to marginalized segments, with a specific focus on rural areas, where access to quick and easy credit is very low.

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Repimex, S.A.

Repimex, S.A.

Senior Long-Term Debt Project Financing

US$ 24,000,000

July 2015

Founded in 1982, Representations, Imports and Exports, S.A. –Repimex, S.A.- is a leading company in maritime port services in Guatemala. Its main activities are loading and handling of cargo, rental of machinery and weighing services in Guatemala. Repimex operations are mostly developed in Puerto Quetzal, the country’s main port, located on the Pacific coast of Guatemala. In the Santo Tomás de Castilla Port, on the Atlantic coast cargo weighing services are also provided.

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