PEFCO’s $300 Million Offering

Cleary Gottlieb represented the dealers, HSBC Securities (USA) Inc. and SMBC Nikko Securities America, in a reopening by Private Export Funding Corporation (PEFCO) of $300 million aggregate principal amount of 4.50% unsecured notes due 2027.

These notes constitute part of the same series of the $400 million unsecured notes issued by PEFCO in February 2025.

The offering closed on April 29, 2025.

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.