DATE CLIENT TRANSACTION DEAL SIZE
(US$m)		 REGION DEAL TYPE
2009Grand Bay InternationalAcquisition of Unicell and capital commitment by Grand Bay International n.a. CaribbeanM&A
2009Unicell Paper Mills Caribbean LimitedDebt restructuring and new financing from IFC and bank group $55 CaribbeanRestructuring
2009Grand Bay InternationalAcquisition of Trinidad Tissues Limited n.a. CaribbeanM&A
2009Papelera InternacionalSenior long-term debt from DEG (German Dev. Bank) $10 Central AmericaDebt Raise
2007Grand Bay InternationalAcquisition of Papelera Internacional S.A.n.a.Central AmericaM&A
2006Papeles Nacionales S.A.Debt restructuring and new financing from DEG (German Dev. Bank) $24 Andean RegionRestructuring
2005Papeles Nacionales S.A.Tender offer for publicly-traded shares and de-listing n.a. Andean RegionM&A
2004Frigorifico Canelones, S.A.Debt and equity restructuring and new financing by DEG $24 South AmericaRestructuring
 
2002Cerveceria RegionalSyndicated bank loans, development bank financings and bond issues $110 Andean RegionDebt Raise
1999Cerveceria RegionalSyndicated multi-currency term debt $66 Andean RegionDebt Raise
1999LloredaDebt restructuring $100 Andean RegionRestructuring
1997DelimexSale to Fenway Partners $94 United StatesM&A
1995DolimcaSale to Kimberly Clarkn.a.Andean RegionM&A
1994Papeles GuaicaypuroSale to Kimberly Clarkn.a.Andean RegionM&A
1986Ron Santa TeresaBank debt restructuring $35 Andean RegionRestructuring
TOTAL TRANSACTION VALUE: $520

Note: Transactions completed prior to 2004 are transactions in which PAF Securities' principals participated prior to the founding of our firm.