A. M. With a Bond Program registered with the salvadoran stock market
CREDICAMPO received authorization and registration for its Bond Program, known as PBCREDICA1, for an amount of US$10,000,000.00. To date, it has successfully placed five tranches totaling US$1,950,000.00 in the stock market trading rounds, consolidating its confidence in the stock market as a strategic source of financing.
“It is an honor for the Stock Exchange to welcome CREDICAMPO, which joins our market with one of the most versatile instruments in our region: the Stock Exchange. With an authorized program for US$10 million over 11 years, confidence in the potential of the stock market as an efficient, transparent, and high-impact mechanism for salvadoran companies is strengthened”, emphasized Valentín Arrieta, Executive Director of the Stock Exchange.
Ever Ríos, Executive President of CREDICAMPO, said, “Today is a historic day for CREDICAMPO. Entering the stock market represents a strategic milestone that boosts our growth, diversifies our funding sources, and gives us greater institutional strength. This step reinforces our mission of bringing more credit opportunities to SMEs, women, the productive sectors, and rural areas of El Salvador, consolidating ourselves as an inclusive, transparent institution committed to the country’s development”.
Patricia de Magaña, general manager of SGB Casa de Corredores de Bolsa, commented, “SGB is proud to support CREDICAMPO on this journey as an active issuer in the market. This issuance demonstrates that the stock market is a real and competitive alternative for financial institutions seeking to diversify their funding sources. The positive response from investors reflects the confidence in companies that, like CREDICAMPO, contribute to the country’s economic and social development”.
We would like to elaborate on the characteristics of the issue: The PBCREDICA1 issue has a risk rating granted by Zumma Ratings, S.A. de C.V.:
• BBB for long-term tranches without specific guarantee
• A- for long-term tranches with guarantee
• N-3 for short-term tranches without guarantee
• N-2 for short-term tranches with guarantee
All with a Stable outlook. The funds will be used to finance working capital and active operations in the short and medium term.
The successful placements of the PBCREDICA1 program reflect the growing investor preference for solid and responsible alternatives in companies with a proven track record. With this addition, the salvadoran stock market reaffirms its role as a catalyst for economic growth and financial inclusion in El Salvador.
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