Since 2003, PAF Securities and its affiliate Pan American Finance have helped shareholders, management teams and investors achieve their business development, financing and value creation objectives.
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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 $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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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 $15 million, 6-year, senior term loan from DEG (the German Development Bank) used as long-term financing to supplement the company’s existing funding sources in El Salvador. |
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Papeles Nacionales, S.A. (“Panasa”) is a Colombian manufacturer of tissue paper products and an affiliate of Montreal-based Kruger Group. Pan American Financeadvised Panasa on a comprehensive restructuring of its Peso denominated debt, reducing its local bank debt from US$24 million to US$14 million. Corfinsura acted as a local co-advisor in this transaction. In addition, Pan American Finance arranged a new US$10 million 8-year senior-debt financing from the German development bank, DEG. |
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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. |
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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 Dutch development bank, FMO. Pan American Finance initiated this transaction and acted as an advisor to FMO. |
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Frigorifico Canelones, S.A. is a leading manufacturer and exporter of frozen and fresh meat and related products in Uruguay. During the banking crisis of 2002 - 2003, Pan American Finance advised the company on a debt and equity restructuring, including a debt buy-back from a U.S. based investor, the placement of equity with a U.K. based company, a new pre-export financing facility from a European bank, and a US$6 million long-term senior-debt financing for future capital expenditures from the German development bank, DEG. |
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