Press Releases

Credivalores obtains new funding sources for COP$400 billion (about US$90 million)

Bogotá, September 14th, 2022

These new funding sources include two new financing structures for payroll loans through a Private Equity Fund and SPVs and a sale of future cash flows of non-performing loans.

Credivalores announces the payment of USD$168 million on their bond maturities

Bogotá, July 27th, 2022

Credivalores paid this July 27th its 144 A- Regulation S bond. This last payment corresponds to the remainder of the outstanding bonds initially issued in 2017 and 2018 for a total of USD$325 million.

Fitch Affirms Credivalores' 'B';Removes Rating WatchNegative; Outlook Negative

Bogotá, June 1, 2022

Fitch Ratings - New York - 01 Jun 2022: Fitch Ratings has removed the Rating WatchNegative (RWN) and affirmed Credivalores-Crediservicios S.A.'s 

Credivalores successfully issued a new US$20 million note under the ECP Program

Bogotá, June 9, 2020

Despite of the difficulties that most consumer lending companies in Latin America face today, Credivalores was able to close this transaction maintaining the same coupon rate from issuances in 2018 and 2019

Credivalores successfully reopens it international bond for US$75 million in the capital markets

Bogota, Feb 13, 2018

The successful results from this reopening after seven months of the original issuance of the international bond, confirm the great interests from international investors in Credivalores’ business model and leadership position in the Colombian consumer lending and payroll loan segment of the population not properly served by traditional commercial banks

Credivalores successfully issues US$250 million in the international capital markets

Bogota, July 23rd, 2017

Credivalores-Crediservicios S.A. (“Credivalores”), the leading non-banking financial institution in Colombia with over 14 years of experience, announces that on July 27th, 2017, the Company successfully accessed the international bond markets, pricing its debut 144A / Reg S transaction via a US$250 million senior unsecured bond with a five year tenor. The issuer and the notes are rated B+ (stable) by Standard & Poor’s and by Fitch Ratings.