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Bladex reported profits of $16.6 million USD in the quarter — up from the first quarter, but a drop from the $17.5 million USD in the second quarter of 2017.

CEO Rubens Amaral will step down on April 30 and be replaced by N. Gabriel Tolchinsky. CFO Christopher Schech will be replaced by Ana Graciela de Méndez

The dividend amount matches the sum paid out in both the first and second quarters of 2017.

All Bladex stockholders as of August 2 will be eligible to receive the the quarterly cash dividend of $0.385 USD per share on August 17.

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.

Bladex will pay out a quarterly cash dividend of $0.385 USD per share on May 18. All stockholders as of May 3 will be eligible to receive the payment.

While initially offering $175 per $1,000 face value of delinquent Pacific Exploration & Production (TSX: PRE) (BVC: PREC) notes due between 2019 and 2015, Harbour Energy subsidiary EIG Pacific Holdings has revised downward its offer to $160 per $1,000 face value, and amended...

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the Toronto based petroleum company’s lenders have agreed to extend the liquidity deadline to 11:59 pm EST on February 26, 2016, which is the end of the existing waiver period. The waivers...

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the company and its lenders have agreed to extend the Liquidity Deadline to February 4, 2016, “or such later date as the company and its lenders shall agree.” This comes after the oil company...