Banco de Córdoba has completed its return to the Capital Markets after nearly a decade without participating in this type of financial operation. The provincial entity carried out the issuance of two classes of negotiable obligations totaling more than 33 million dollars overall. The final amount far exceeded the initial target of 20 million and demonstrated the market's confidence in the institution.
The first issuance was carried out in pesos for a total exceeding 26 billion with a variable rate TAMAR plus 3% and a one-year term. The second placement was in dollars, reaching more than 13 millionwith a fixed rate of 6.75%, also for twelve months. Both classes provide for quarterly interest payments and full repayment at maturity.
In this operation, Bancor acted not only as issuer but also as organizer and underwriter of the negotiable obligations. The entity worked together with Becerra Bursátil, Dracma Investments, S&C Inversiones, and Petrini Valores as placement agents. The closing of the placement is scheduled for August 22, 2025, when the funds from the operation will be integrated.
Bancor realizó dos emisiones: una en pesos y otra en dólares
A key step in Bancor's growth strategy
The return to the market represents a significant milestone in the entity's strategy to diversify sources of financing. With these issuances, the bank consolidates its presence as a reliable player for both local and international clients and investors. Authorities emphasized that this is a milestone that strengthens Bancor's future outlook.
The operation translates into a positive signal not only for the institution but also for the financial market of Córdoba. The results reflect the private sector's interest in supporting an entity that seeks to expand competitive investment alternatives. This way, Bancor's role as a channel for savings toward productive projects is enhanced.
With its reintegration into the market, Bancor reaffirms its ability to structure modern instruments tailored to investors' demands.The success achieved in this placement opens the door to new medium-term financing opportunities. Thus, the provincial bank consolidates itself as a solid and reliable player in the national financial system.
