Salvadoran Bread Pudding

Name: Salvadoran Bread Pudding
Cuisine: American, Latin American
Ingredients: For the Bread Soaking Mixture; 4 slices of day old French bread or Salvadoran bread; 2 cups whole milk; 2 large eggs; 1/2 cup granulated sugar; 1 tsp vanilla extract; 1/4 tsp ground cinnamon; 1 cup water; 1 cup panela (piloncillo) or dark brown sugar; 2 cinnamon sticks; 3 whole cloves; 1/2 tsp orange zest; 3 tbsp unsalted butter or vegetable oil for frying