Commentary & Deal Flow

Ueno Bank S.A. (“UENO” or the “Bank”), one of the five systemic banks in Paraguay and the country’s largest bank by number of customers, depositors, debit cards, credit cards and transactions, has mandated BofA Securities and J.P Morgan as Joint Bookrunners to arrange a series of fixed income investor meetings commencing today, Thursday, February 26th.

An inaugural USD-denominated 144A / Reg. S senior unsecured benchmark-sized 5-year bond with expected ratings* of BB by S&P and Fitch may follow, subject to market conditions.

BofA Securities will be coordinating logistics.

UENO will be represented by:

Juan Manuel Gustale – President

Miguel Vazquez – Board Member

Alejandro Gomez Abente – Board Member

Mariana Torres – Board Member