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For Immediate Release Citigroup Inc. (NYSE: C)

Citi Receives Infrastructure Bank of the Year in Central America Award

October 26, 2022

HIGHLIGHTS

The bank is recognized for its leadership in project and infrastructure financing in Latin America

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Citi was named Infrastructure Bank of the Year for the Central America region by LatinFinance Project & Infrastructure Awards. The awards recognize the most impressive transactions and institutions from an area that is crucial to the economic progress of Latin America and the Caribbean.

"Citi played a leading role in the region's biggest infrastructure deals of the past year: project finance for Line 3 of Panama's Metro and refinancing bonds for the Tocumen international airport," wrote LatinFinance.

"For Citi Panama, it has been an honor to work alongside the Government of Panama, by being a facilitator and advisor, using our broad expertise and network to execute both deals. We believe Panama is going above and beyond to improve the quality of public infrastructure services delivery to the Panamanian population, as this is a key for the country's development. We'll continue to support the nation as we have done for the past 118 years since our opening in Panama." said Marcelo Gorrini, Panama Citi Country Officer & Central America and Caribbean Cluster Head.

In addition to being named the Infrastructure Bank of the Year for the Central America region, Citi received recognition for its leading roles in 6 transactions for clients across the region in a broad range of categories: Infrastructure Financing in Latin America, Infrastructure Financing in Central America, Port Financing, Airport Financing, Renewable Energy Financing, and Bond of the Year.

"We are honored to be recognized for our work with clients Central America this past year," said Daniel O'Czerny, Director of Global Infrastructure Finance for Latin America at Citi. "This past year Citi had the opportunity to support clients in Latin America from different sectors with tailored and innovative solutions to meet their project and infrastructure financing needs. These awards from LatinFinance affirm Citi's leadership and commitment to support our clients."

"From transportation infrastructure with clients in Panama and Bahamas to renewable energy projects in Brazil and Chile, Citi clients leverage on Citi's network to lead a large range of transactions through advisory, acquisition financing, bonds and notes issuance, liability management, restructuring, and more," said O'Czerny.

Citi has a physical presence in Latin America spanning 20 countries with specialized capital markets and investment banking teams based in Bogota, Mexico City, New York and Sao Paulo, serving clients across the region.

List of Awards

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

  • Infrastructure Bank of the Year in Central America - Citi
  • Infrastructure Financing of the Year - Central America: Panama Metro Line 3
  • Infrastructure Financing of the Year – Latin America: Panama Metro Line 3
  • Port Financing of the Year – Puerto Antioquia (A&T only)
  • Airport Financing of the Year – Tocumen Airport
  • Renewable Energy Financing of the Year – GIP Patagonia / Chile Renewables
  • Bond of the Year – Colbun Transmission Acquisition Financing

Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

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

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