PEFCO’s $200 Million Collateralized Notes Offering

Cleary Gottlieb represented BofA Securities Inc., as dealer, in the update of Private Export Funding Corporation’s (PEFCO) collateralized notes program and the issuance of a series under such program comprised of $200 million aggregate principal amount of floating-rate notes due 2027.

The offering priced on July 30, 2024, and closed on August 6, 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.