Banco Promerica Guatemala - Sustainable Bond

in implementation

Banco Promerica S.A. (hereinafter, “BPGT”, the “Bank” or the “Issuer”) is structuring a thematic issuance program. The first issuance within this program will consist in a sustainable, common, senior, unsecured bond to be issued through a public placement inGuatemala. The issuance will amount to up to US$50 million as follows: (i) IDB Invest will subscribe bonds in the amount of up to US$30 million for a term of up to 5 years; and (ii) other investors will subscribe bonds in the amount of up to US$20 million. In addition, IDB Invest will participate in a second issuance under the program, roughly to occur in 2024, in the amount of up to US$15 million (uncommitted) and for a term of up to five years.The resources will be used to expand the Bank’s green portfolio and social portfolio. The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles.