Bladex Inc. (NYSE: BLX) completed a MXN 5.0 billion placement in Mexico's public debt market on September 8, 2026. The offering consisted of three-year floating-rate notes, with interest set at Mexico's one-business-day Interbank Equilibrium Interest Rate, or TIIE de Fondeo, plus 58 basis points. Total orders for the placement reached MXN 7.779 billion, representing a 1.56 times oversubscription.
The notes received local credit ratings of mxAAA from S&P Global Ratings, S.A. de C.V. and AAA (mex) from Fitch México, S.A. de C.V. Placement agents were Casa de Bolsa BBVA México, S.A. de C.V., part of Grupo Financiero BBVA México, and Casa de Bolsa Santander, S.A. de C.V., part of Grupo Financiero Santander México.
Bladex was established by regional central banks in 1979 and is headquartered in Panama. It has offices in Argentina, Brazil, Colombia and Mexico, an agency in New York, and a representative license in Peru. The company has been listed on the New York Stock Exchange since 1992 and on the Mexican Stock Exchange for more than a decade. Its shareholders include central banks, state-owned banks, entities from 23 countries in Latin America and the Caribbean, commercial banks, and institutional and private investors.