PEFCO’s $225 Million Offering

Cleary Gottlieb represented the dealer, BofA Securities Inc., in Private Export Funding Corporation’s (PEFCO) Rule 144A/Reg S offering of $225 million aggregate principal amount of floating rate notes due 2025.

The transaction priced on August 14, 2023, and closed on August 21, 2023. The notes were issued under PEFCO’s medium-term notes program.

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.