Pronus Capital was selected to structure the first securitization of ExcelCredit payroll loans in the second market (experts) for $100 billion to be placed on the Stock Market in four issues, the first for $25 billion, at 14.97%.
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The issue is a unique series of credit-related securities with a six-year maturity, backed by bonds originated and managed by ExcelCredit, which offers credit solutions to vulnerable segments of the population.
The managing agent is Fiduciaria Coomeva, administrator of this type of structures and alternative assets, which completed its sixth issuance.
Investment
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BRC Ratings’ AA+ rating, ratified on May 20, denotes a structure backed by a high-quality portfolio.
Pronus Capital said that with its fourth securitization issued in the second market, it reiterates its commitment to the capital market.
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HOLMAN RODRIGUEZ MARTINEZ
Briefcase
