Creditas Prices New Bonds, Announces Buy-back Results, Calls Old Bonds
Creditas has successfully priced new senior unsecured bonds totaling USD 27.5 million and announced results from its buy-back offer, alongside calling for early redemption of outstanding USD senior unsecured bonds.
Creditas has successfully priced new senior unsecured fixed-rate bonds at a total nominal value of USD 27.5 million. These new bonds are issued under the same framework as the company's existing senior unsecured bonds that mature in 2025 and 2026.
The company also announced the results of its offer to purchase any and all of its outstanding senior unsecured bonds due in 2025 and 2026. This buy-back is part of an effort to manage the company's debt profile.
In addition, Creditas has called for the early redemption of its outstanding USD senior unsecured bonds. This action aims to further optimize the company's capital structure and liabilities.
Creditas is a digital financial solutions provider operating in Latin America, focusing on personal and mortgage loans. The company leverages technology to offer financial services across various segments.