City National Bank of Florida Launches National Capital Markets Group Under BciCapital Brand

BciCapital Will Provide Capital Market Capabilities Through Structured Financial Solutions

MIAMI, FL – City National Bank of Florida(CNBFL), one of the largest banks based in Florida, is introducing a new Capital Markets Group which will provide a full suite of structured financial solutions throughout the United States. The CNB Capital Markets Group, which will operate under the BciCapital brand nationally, is focused on serving middle-market sponsors across various industries and segments.

The Capital Markets Group launch coincides with a period of sustained growth for CNB, which has assets totaling $26 billion – up from just $3 billion 15 years ago – ranking it among the 75 largest banks in the U.S., according to The Federal Reserve.
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BciCapital will focus on capital market solutions in multiple areas including:

• Loan syndications expand the bank capabilities in the structuring, distribution, and execution of larger transactions across multiple industries. The team will work with clients to create, advise, and market syndicated loans for fund acquisitions, refinancings, recapitalizations, restructurings, and to support other business goals.
• Capital placement sources the right capital strategy with deep real estate expertise across the real estate segment. These involve debt and equity solutions through direct placements to agency lenders, commercial mortgage-backed securitized lenders, insurance companies, debt funds, mezzanine, preferred equity, and other alternative capital providers.
• Specialty capital provides industry-specific coverage and advisory across various specialized industries. The first initiative is the Institutional Financial Sponsors team that provides
  sophisticated capital and advisory solutions for sponsors within the private equity, private credit, hedge fund, family office, asset management, and insurance sectors. Full-suite capital solutions offerings include fund financings, leverage finance and sponsor finance solutions, asset-backed finance, syndicated finance, treasury and payment, and wealth management.

“Using our strength in Florida and the global reach of our parent company, this new group is a springboard in completing capital markets transactions across the country and a natural next step for CNB as we expand our platform and enhance our offerings as a full-service commercial bank,” City National Bank of Florida CEO and Vice Chairman Jorge Gonzalez said. “BciCapital will build on CNB’s 75-plus year tradition of providing exceptional service, forging personalized relationships, and putting capital to work in a smart, strategic manner as we help our clients advance their goals.”

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BciCapital will be led by Managing Director Raul Llanes. BciCapital launches with team of bankers, associates, and risk officers, including Kurt Woolley, Director of Syndications and Placement, SVP; Brian Mulligan, Senior Banker Institutional Financial Sponsors, SVP; Jorge Garcia, Senior Banker Institutional Financial Sponsors, SVP; Mariano Perez, Senior Banker Capital Placement, SVP; Steven Mueller, Senior Associate Syndications, VP; Tyrone Kee, Senior Associate Institutional Financial Sponsors, VP; Charles Groeschke, Capital Markets Portfolio Risk Officer, VP; and Adam Grossel, Capital Markets Portfolio Risk Officer, VP.

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“CNB’s Capital Markets business allows us to scale up and broaden our national reach and full- service banking with an eye toward serving institutional grade clients looking to complete middle-
market deals,” Llanes added.

Please note: Investment products are not insured by the FDIC or by any federal government agency. They are not a deposit or other obligation of, or guaranteed by City National Bank of Florida or any of its affiliates. They are subject to investment risks, including possible loss of principal amount invested. Some securities may be provided by Bci Securities Inc. Bci Securities Inc., is a registered broker dealer and insured by SIPC. Bci Securities Inc. is an affiliate of City national Bank of Florida under common ownership.

About City National Bank of Florida

City National Bank of Florida (CNB) is the financial institution to which Floridians have turned for more than 75 years. Based in Miami, CNB has a presence across South and Central Florida, with 1,000 employees statewide. With more than $26 billion in assets, CNB is one of the state’s largest financial institutions and one of the nation’s fastest-growing banks. CNB is a subsidiary of Chilean bank Banco de Credito e Inversiones (Bci) and remains a community-centric bank guided by local decision- making, with services including commercial banking, real estate lending, private banking, wealth management, international banking, treasury management, corporate services, commercial real estate, residential mortgages, and a capital markets group which offers loan syndication, specialty finance and capital placement. CNB is rated 5 stars by BauerFinancial and has earned an “Outstanding” Community Reinvestment Act rating for its lending in underserved communities for more than 20 consecutive years. The bank has been certified a Great Place to Work® and has repeatedly been recognized as one of the nation’s “Best Banks to Work For” by American Banker magazine.

The content in this article should not be taken as advice coming from City National Bank of Florida. City National Bank of Florida does not offer tax, legal or accounting advice.

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