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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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. PAF Securities advised First Citizens on the acquisition of Caribbean Money Market Brokers (CMMB), the former subsidiary of CL Financial. |
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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. PAF Securities advised First Citizens on a new US$ 50 million capital commitment by the Republic of Trinidad & Tobago. |
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NovoPayment is a provider of branded prepaid and stored value cards in Latin America. It is an affiliate of Banco Venezolano de Credito. PAF Securities advised NovoPayment on its Latin American expansion strategy. |
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La Curacao is the leading retailer focused on Hispanic consumers in Los Angeles, Southern California and the Southwestern U.S. and provides financing for the majority of its sales through its proprietary credit underwriting systems. New equity capital for store expansion via the sale of a minority interest in Adir International, LLC was provided by an affiliate of Citicorp Venture Capital International. Pan American Finance, through an affiliate, Azul Capital LLC, initiated this transaction and acted as advisor to Citicorp Venture Capital International. |
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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 Finance acted as advisor to the company in the purchase of minority shareholders' stakes and the de-listing of the company's publicly-traded shares from the Bogota and Luxembourg stock exchanges as well as NASDAQ's PORTAL Market. |
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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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