Citi Latin America Named Investment Bank of the Year by LatinFinance

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Miami, Fla. – Citi Latin America was named Investment Bank of the Year by LatinFinance magazine in its annual Deals of the Year awards. The 2020 Deals of the Year awards recognized outstanding transactions in Latin America as well as the people and institutions that made them happen.

"Citi won the 2020 Investment Bank of the Year award having played a prominent role in roughly one-third of this year's category winners. Their involvement ran the gamut across sovereign and corporate transactions, both debt and equity," wrote LatinFinance.

"While Latin America's primary markets were challenged by the socio-economic and market impact of the outbreak of the novel coronavirus pandemic, Citi worked hard to be the best partner for issuers seeking to navigate volatile markets, execute complex transactions, supporting sovereign, corporate and financial issuers across the region in their capital markets financing transactions," said Alberto Pandolfi, Head of Investment Banking for Citi Latin America.

In addition to being named the Investment Bank of the Year, Citi received recognition for its leading roles in seven transactions for clients across a broad range of categories: Sovereign Bond, Sovereign Liability Management, Corporate Liability Management, Local Currency Bond, Domestic M&A, Structured Financing and Initial Public Offering. More importantly, Citi also contributed its clients' success by leading several transactions for this year's Sovereign Issuer of the Year as well as the Corporate Issuer of the year.

"We are honored with the recognition, especially in light of the volatility in markets this year," said Chris Gilfond, Head of Capital Markets for Citi Latin America. "This past year Citi led the transactions that sequentially reopened the markets post-COVID-19 for international sovereign, local currency, investment grade and high yield corporate bonds, while helping other clients navigate the extraordinary dislocations cause by the pandemic through innovations in sovereign and corporate liability management."

The eligibility period for this year's awards, which ran from October 1, 2019 to September 30, 2020, encompassed the start and deepening of the pandemic and the market's adjustment. In making the selection, the LatinFinance editorial team considered the opinions of analysts, publicly available data and information submitted through the nominations process.

Citi has a physical presence in Latin America spanning 22 countries and specialized capital markets and investment banking teams based in Bogota, Mexico City, New York and Sao Paulo, serving clients across the region.

For more information about LatinFinance Deals of the Year, please visit https://www.latinfinance.com/awards/deals-of-the-year-awards/2020

List of Awards

The LatinFinance awards referenced in this press release are the following:

• Investment Bank of the Year: Citi
• Sovereign Issuer: United Mexican States
• Corporate Issuer: Cemex
• Sovereign Bond: Republic of Peru US$3 billion dual tranche bond
• Sovereign Liability Management: Republic of Ecuador US$17.4 billion Bond Restructuring
• Local Currency: Republic of Colombia COP 4.8 trillion 30-year TES
• Corporate Liability Management: Aeropuertos Argentina 2000 Consent Solicitation
• Structured Financing: Brazilian Energy Tariff Reduction Transaction $2.935 billion loan
• Initial Public Offering: XP Inc. Initial Public Offering
• Domestic M&A: Sale of Clinipam to NotreDame Intermedica

Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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Media Contact:
Alexandra Ravinet, +1 (305) 420-4292, alexandra.ravinet@citi.com