PEFCO’s $325 Million Offering

Cleary Gottlieb represented the underwriters, led by J.P. Morgan Securities LLC, SMBC Nikko Securities America Inc., and U.S. Bancorp Investments Inc., in an offering by Private Export Funding Corporation (PEFCO) comprised of $325 million aggregate principal amount of 3.65% secured notes due 2030.

The offering closed on September 17, 2024.

PEFCO is principally engaged in making U.S. dollar loans to foreign importers to finance purchases of goods and services of United States manufacture or origin.