Book your place before 27th Marchto SAVE $200 enter code EMEB6 at

www.BondsAndLoansAndes.com

www.BondsAndLoansAndes.com

THE ONLY CREDIT MARKETS EVENT FOR THE ANDEAN REGION

APRIL 202022ND JW MARRIOTT, BOGOTA

Strategic Partners: Gold Sponsors:

Bronze Sponsors: Corporate Partners: Supporting Partners:

Airline Partner:

Cocktail Sponsor: Silver Sponsors:

Hear from the CFOs of top Peruvian, Chilean & Colombian corporates• Insights from the biggest borrowers/issuers, including: GEB,

Consorcio Transmantaro S.A, EPM, Parque Arauco, Enel Américas and many more

• First hand updates on how decisions are being made by corporates on DCM vs loans, hedging, optimising capital structures, private placements

Uncover sovereign strategies in the Andes for 2020/2021• Heads of Debt Management from the Peruvian, Colombian

and other Ministries of Finance reveal their plans for tapping the market in 2020

Connect with 380+ senior representatives from the Andean credit market space• Discuss business with leading regional and international

investors, investment bankers and issuers/borrowers

Understand how international and local investors are pricing bonds, and how debt compares to equity• Investors speaking from: BlackRock, Darby Overseas

Investment, Allianz Global Investors, MetLife, RIMAC Seguros, Global Seguros and Skandia

Get the whole perspective from government experts, corporates and investors on a variety of topics:• Developing the local capital markets• Unlocking ESG financing• Funding the Andean infrastructure pipeline

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WELCOME TO BONDS, LOANS & DERIVATIVES ANDES 2020

380+SENIOR ATTENDEES

81% Director level

or above

69% BORROWERS, ISSUERS

& INVESTORS

30+EXPERT SPEAKERS

REASONS TO ATTEND:

This forum is extraordinary. To give a 360 degree look at the possibilities offered by the capital market for companies and projects like us is very unique. The high-level of discussions allowed us to identify great opportunities for new business.

Mauricio Ossa, Odinsa

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Senior Level Speakers include

View the full speaker list online at www.BondsAndLoansAndes.com

José Olivares, General Director of the Public Treasury,

Ministry of Economy and Finance, Peru

Cesar Arias, Director of Public

Credit, Ministry of

Finance & Public Credit, Colombia

Ignacio Aicardi, Managing Director,

Darby Overseas Investment

Fiona Reynolds, Chief Executive Officer,

Principles for Responsible Investment

Jose Ivan Jaramillo Vallejo,

Chief Financial Officer, Consorcio

Transmantaro S.A.

Juan Pablo Raffetto,

Director, VP Head Latin America Infrastructure,

MetLife

Jose Martinez Sanguinetti,

Chief Investment Officer,

RIMAC Seguros

Jack Deino, Head of Emerging Markets Corporate

Fixed Income,BlackRock

Felipe Castilla, Chief Financial

Officer,Grupo Energía

Bogotá GEB

Andres Contreras, Chief Financial Officer,

Intervial

Carlos Isaza, Chief Financial

Officer,Celsia

Aurelio Oliveira, Chief Financial

Officer,Enel Américas

The event in numbers

This event allows you, not only tobe informed about the latest trendsin the Andean Region, but also toconnect with issuers and investors,thus increasing your chances of doing good business throughout the year ahead.

Juan Daniel Frias, Old Mutual

Audience breakdown by SENIORITY Audience breakdown by SECTOR

31% Andean

Corporates

6% Rating

Agencies

6% DFIs, ECAs &

Others

21%International

Banks

8% Regional Banks

11% Government

10% Investors

7% Law Firms

380+ Attendees

29%CEO/CFO/Treasurer:

39%Managing Director/Head of:

24%Vice President/Director:

8%Manager/Other:

5View the full agenda online at www.BondsAndLoansAndes.com

PROGRAMME: WEDNESDAY 22ND APRIL 2020 Government strategies for 2020: Increasing GDP growth and infrastructure spending while

combatting deficits and credit rating pressures• Economic outlook and fiscal plans for 2020• Economic outlook and fiscal plans for 2020• Supporting infrastructure development and GDP growth: How much external capital is needed? • Maintaining credit ratings, combatting deficits and stimulating growth: Initiatives to boost

investment into the economy• New markets, providing benchmarks and liquidity: Government initiatives to open up new pools of

capital for corporates and developers Funding growth: How are the sovereigns approaching the capital markets in 2020?

• What are the funding needs of sovereign borrowers/issuers in the next year, and how will they be met? • What is the outlook for growth, capex and refinancing amongst Finance Ministries? How are they

diversifying their investor bases?• Trade wars: Impact on the Andean economies and capital flows into the region• Accessing long term US dollar funding & prospects for long-term non-USD funding • Chile’s (sovereign) green bond – preparation, timing, pricing and who will be nextJosé Olivares, General Director of the Public Treasury, Ministry of Economy and Finance, PeruCesar Arias, Director of Public Credit, Ministry of Finance & Public Credit, ColombiaJuan Pablo Gallipoli, Director, Debt Capital Markets, HSBC

How are blue-chips taking advantage of low rates to raise finance and optimise capital structures? • What are the CAPEX needs for Andes’ top-tier corporates in 2020, and how will they be met? • 144a vs local markets: Where are Andean corporates finding better pricing? • Multi-currency financing: Where are companies that operate across the region choosing to raise

capital, and in what denomination? • Refinancing in a low rate environment: How are corporates managing liabilities? What challenges

should they be aware of? • What is the business case for syndications in a low-rate environment? • Hedging by the book: What risks are Andean corporates hedging against? - To what extent do they use derivatives vs natural hedges? o How can the cost of derivatives be lowered to encourage Colombian and Peruvian companies to

issue long dated bonds?Jorge Andres Tabares Angel, Chief Financial Officer, Empresas Públicas De MedellínAquiles Ignacio Mercado Gonzales, Financial & Administrative Vice President, PromigasAlfredo Ugarte, Director, Debt Capital Markets, SMBC NikkoNatalia O’Byrne, Senior Director, Fitch RatingsMonica Macia, Head of Syndicated Loans, Americas, HSBC

(The event offers us) all the networking we need and much more. All the main local and international banks, investment banks and investors who are also interested in our companies are here. You must be there. If you do not come to the event you are not paying attention, you are not fulfilling your role. In my case, as CFO, I have to come to the event. In this instance, even more, as I have been a speaker for two years: I am very interested in talking about the sector, about my company, about Promigas, and I am interested in listening to banks, what they are thinking, what business opportunities are out there and what is happening in the market.

Aquiles Mercado, Promigas

6 Register your place online at www.BondsAndLoansAndes.com

PROGRAMME: WEDNESDAY 22ND APRIL 2020 Andean macroeconomics and politics in the global/regional story: How are investors pricing

local risk? • How is the Colombian government managing the peace process and narcotics trade? How do the

political challenges in the Andean region compare to political challenges elsewhere in Latin America?• Where does Andean risk sit in a global EM fixed income investor’s portfolio? How do perspectives

differ between local and international investors? • Trade wars, LIBOR and oil prices: What is driving investor sentiment, and how exposed is the region to

global disruptions?• How valid are concerns of a Colombia rating downgrade? What will the impact on market liquidity

be? Where can local life insurance and pension funds invest in a sub-IG Colombia?• How is Andean corporate debt performing compared to equity? What is the investor base for

alternative investments?Juan Sebastián Restrepo, Head of Investments, AFP/Insurance & Product Innovation, SkandiaNatalia Hernandez, Director of Investment, Global SegurosJose Martinez Sanguinetti, Chief Investment Officer, RIMAC SegurosJack Deino, Head of Emerging Markets Corporate Fixed Income, BlackRockPedro Otero Sahurie, Chief Risk Officer, AFP Integra*

ESG beyond a marketing exercise: How can issuers and borrowers access better pricing, tenors and liquidity by enhancing their ESG credentials?• Sustainable financing vs green, bonds vs loans: What are the different structures, who are the

eligible candidates for each?• The right candidate: Do you need to be a green company to take advantage of appetite for ESG?

How are companies already monitoring sustainability, and which loans can be refinanced as sustainable loans?

• Does incorporating green/ESG elements into a transaction expand the investor pool? If so, by how much?

• Does going green cost more? How are deals structured? Who foots the bill - the borrower/issue or the lender/investor?

• Understanding international and local investor appetite: Who is looking at ESG investments and to what degree?

• How are banks, investors and regulators supporting Andean borrowers and issuers in their journey to sustainability?

Jose Ivan Jaramillo Vallejo, Chief Financial Officer, Consorcio Transmantaro S.A.Fiona Reynolds, Chief Executive Officer, Principles for Responsible InvestmentAnne van Riel, Head of Sustainable Finance Americas, INGAna Colazo, Head of Sustainable Bonds and Loans, Latam, Vigeo EirisRaul Herrera, Partner, Arnold & Porter Charlotte Peyraud, Vice President, Sustainable Banking, Crédit Agricole Senior Executive, BBVASenior Executive, Société Générale

Assessing lenders’ and investors’ appetite for the 2020 infrastructure project pipeline• Beyond toll roads: What are the big projects in the region’s pipeline, and how are they being financed? - How can financing expand beyond 5-year bilateral loans into project loans, project bonds, and

long-term PPP contracts?- Are we seeing a move towards private financing and, if so, why?

• What is the appetite from local and international banks? What is sentiment following the arbitration court ruling in Colombia? How have concerns been met?

• How is currency risk being managed by international banks and sponsors? • What lessons from Colombia’s 4G can be applied in Peru and Chile?• How close to reaching full lending capacity are Andean governments? How is the emergence of

private initiatives being supported to fill the gap?Francisco Lozano, President, Financiera de Desarrollo NacionalPablo Arroyave, Chief Financial Officer, OdinsaJuan Pablo Raffetto, Director, VP Head Latin America Infrastructure, MetLifeDavid Gonzalez, Managing Director, Head Group – Project Finance Infrastructure, SMBCAndres Contreras, Chief Financial Officer, IntervialJaime Otero, Head of Corporate Finance, Colombia, Itaú ColombiaAdrian Garza, Vice President-Senior Analyst, Moody’s

Bonds, Loans & Derivatives Andes has become the standard in regards to the interaction between surplus and deficit agents in the Andean region, capital markets and financing alternatives.

José Olivares, Ministry of Economy and Finance, Peru

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Programme: WEDNESDAY 22ND APRIL 2020

View the full agenda online at www.BondsAndLoansAndes.com

Private placements as an alternative to the public bond market • Beyond public debt: understanding private placements as a stepping stone to the capital markets • What are the advantages, and disadvantages, of doing a private placement compared to public debt or

a loan? • Who is buying this debt? Does it appeal to a different group of investors? What are their concerns, and

how are they being met? • Are we seeing a growing trend of private placements? What are the implications for the local capital

markets? Is this form of financing complimentary or competition to banks?Ignacio Aicardi, Managing Director, Darby Overseas InvestmentCarlos Fradique, Partner, Brigard UrrutiaJulia Rey Bonilla, General Counsel, TransmilenioPaolo Matoto, Executive Director, Private Placement Group, CIBC Senior Executive, Corficolombiana

Funding the Andes’ renewable energy projects: How is the shift to sustainable energy impacting investment into non-conventional power?• A different risk: How can funding for renewable energy be made viable in the absence of the same

guarantees available to conventional energy production? • What are the next steps in Colombia’s PPA renewables auction? - What was the outcome of the auction, and why? What has changed since the last attempt?- How are project participants reaching financial closures now that the auctions have been awarded?

• What and where are the success stories in financing renewable projects across Latin America? What were the lessons learnt? What financial structures have worked best?

• Experience vs ability: What is the role for international banks in financing the region’s renewables projects? How much can they lend locally to renewables?

Aurelio Oliveira, Chief Financial Officer, Enel AméricasCarlos Isaza, Chief Financial Officer, Celsia Daniel Arango Uribe, Director of Financial Planning, Bancolombia Investment BankingGerman Corredor Avella, Executive Director, SER Colombia Jhon Castillo, Commercial Head, AES Chivor Senior Executive, S&P Global Ratings

A roadmap for deepening the region’s local capital markets• Is the capital markets commission the solution Colombia has been waiting for? What are the key

objectives and takeaways? What is it aiming to change? How successful has its implementation been so far?

• What initiatives are governments, regulators and stock exchanges rolling out in Peru & Chile to improve access to the capital markets?

• Are Basel II & III fit for purpose for local banks? What is the impact on their lending and fundraising strategies? What developments in hybrid financing are being made locally in response to this challenge?

Felipe Lega, Director, Unidad de Regulación Financiera

Bonds, Loans & Derivatives Andes was a very attractive event, as it allowed us to broaden our perspective of macroeconomic events that are currently affecting the world.

Felipe Castilla, Empresa de Energía de Bogotá

Preparing for a transition away from LIBOR: How to ensure your organisation is ready for the seismic shift?• What is replacing LIBOR as a benchmark in Latin America?• Transitioning: What do banks and borrowers need to be aware of when renewing loan contracts?• Reviewing recent deals launched using alternatives to LIBOR: How can this be applied to deals

within a Latin American jurisdiction? Gregory Harrington, Partner, Arnold & PorterFelipe Castilla, Chief Financial Officer, Grupo Energía Bogotá GEB

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Register your place online at www.BondsAndLoansAndes.com

Companies that attend BONDS, LOANS & DERIVATIVES ANDESIssuers & BorrowersAcciona Energia AES AES COLOMBIA Atlas Renewable Energy Autopistas Uraba Avianca Bioenergy Capital Estratégico de Colombia CasaLuker Celsia Cementos Argos Cenit Transporte China Harbour Engineering Company Concesión del sisga Concesion la Pintada Ecopetrol El Dorado Emgesa Empresa de Acueducto y Alcantarillado Empresas Públicas De Medellín (EPM) Enel EPM Federación Nacional De Cafeteros Frontera Energy Grupo Argos Grupo Energía Bogotá GEB Grupo OrbisInkia Energy Intercorp Retail ISA Isagen Lundin Gold Mitsui & Co Mota-Engil

Odinsa Parque Arauco Promigas Puerto Bahia Servicios Nutresa Sociedad Minera Austria Duvaz Strabag Tecnoglass Termocandelaria Termotasajero Tigo Transelca Transportadora De Gas Internacional (TGI) Veolia Vinci Concessions

Investors BBVA Asset Management BD Capital Blackrock Compass Group Darby Private Equity FDU Global Seguros de Vida Kandeo MetLife Old Mutual Patria Investments Private Kapital Protección Sociedad de Activos Especiales - SAE SAS Tranquillitas Irt

BanksBanco de Credito del Peru Banco Itau Banco Sabadell BancolombiaBank of America Merrill Lynch BBVA Canadian Imperial Bank of Commerce (CIBC) Citi Corficolombiana Credicorp Capital Credit Agricole CIB Deutsche Bank HSBC ING Bank ING Capital JP Morgan Mizuho Bank MUFG Santander SMBC Nikko Securities America Sumitomo Mitsui Banking Corporation (SMBC)

GovernmentAgencia Nacional De Infraestructura (ANI) Financiara de Desarrollo Nacional (FDN) Ministry of Economy and Finance, Peru Ministry of Finance and Public Credit, Colombia Ministry of Finance, Dominican Republic ProColombia

ProInversion Secretaría Distrital de Hacienda, Bogota Superintendencia Financiera De Colombia Unidad de Proyección Normativa y Estudios de Regulación Financiera

Advisors, Brokers, ECAs & Rating Agencies

Allen & Overy Arnold & Porter Astris Finance Brigard Urrutia Clifford Chance Dentons ESFINANZAS Export Development Canada Fitch Ratings Garrigues Holland & Knight Intralinks Lennox Paton Milbank, Tweed, Hadley & McCloy Moody’s Investors Service Mosquera Abogados Oppenheimer & Co. Inc PHR + CUATRECASAS Posse Herrera Ruiz S&P Global Winston & Strawn LLP

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WHAT OUR SPONSORS SAY ABOUT US

Bonds, Loans & Derivatives Andes is extremely interesting and is the one conference in the region that I attend year on year. The relevance of the topics, high quality of the speakers and the diversity and high profile of participants make it one of the most important events in Colombia.

Rafael Gonzalez, S&P Global

The event was a prime opportunity to have 1-to-1 meetings with clients, many were scheduled in advance, and also we were able to connect with new clients that wanted to meet with us. This provided a platform to connect with folks that wanted to meet with us and learn more about our services and product offerings.

Sara Pirzada, Sumitomo Mitsui Banking Corporation (SMBC)

Share views, hear opinions and exchange ideas with other banks, with issuers, rating agencies, investors. I think it’s a great forum - it is not very often we go to an event where you meet so many different players and participants. It is the only one in the region where we can go and meet the issuers, the rating agencies and the investors in a very open dialogue.

Baruc Saez, Itau BBA

One of the best conferences not only to keep up to date in terms of market trends in the region, but also to establish an excellent network of professionals.

Carlos Diaz de la Garza, Moody’s Investors Service

www.BondsAndLoansAndes.com

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250BORROWERS &

ISSUERS

550+ attendees

The GFC sponsored conferences are a great business tool to inform about the latest developments, and encourage all of us in the financial world to increase business activity. It is also the perfect setting to meet with new and old business contacts. We can leave our desks behind and spend a day thinking and having strategic discussions with other market participants. Finally, the GFC team does a great job making sure that the variouspresentations are relevant and well coordinated.

Sara Pirzada, Sumitomo Mitsui Banking Corporation (SMBC)

Stand out from the crowd by becoming a sponsor. Benefits of your participation include:

Showcase your market knowledge Have your experts join a panel, chair or present a case study to a room full of potential clients.

Have new contacts and customers find you Your stand will allow customers and new contacts to seek you out, rather than the other way around. You can also showcase your service and product offering.

Maximise your presence and brand impact Through numerous high impact onsite branding and marketing opportunities.

Improve your client coverage with greater presence The more staff passes you have, the more clients and business partners you can cover at the event.

Gain exposure amongst THE ANDEAN REGION’S FINANCING PROFESSIONALS

Speak in front of 380

stakeholders

1-TO-1 FACILITATED

MEETINGS

Network with 300+

CEOs/Directors

To book your place or enquire about sponsorship contact Shara Edgar on email: Shara.Edgar@GFCMediaGroup.com

EVENT CALENDAR 2020

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The only event focused on capital markets solutions for Latin America’s projects

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6-7oct

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THE ONLY CREDIT MARKETS EVENT FOR THE ANDEAN REGION

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TERMS AND CONDITIONS

Payment Invoices are due for immediate payment. Registrations must be paid immediately by credit card or bank transfer. Delegates who have not paid their fees prior to the conference may be refused admission.

Substitutions / CancellationsAny cancellations must be received in writing at least 90 days prior to the event. A cancellation fee of £250 will be payable on all cancellations received by this date. After this date, we regret that no cancellations can be accepted and registering companies will be liable for 100% of the registration fee. A substitute delegate may be agreed at no extra charge.

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Please tick here if you do NOT want GFC Media Group to share your details with sponsors of this event, or other reputable organisations providing relevant services.

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