Grupo San Cristóbal launches its first corporate bond for SMEs

6 February 2023

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Grupo San Cristóbal (Argentina) has presented its first corporate bond to the capital market, a financial instrument for SMEs that allows San Cristóbal Servicios Financieros’ clients to continue with their development, work and investment plans.

Bonds are an attractive, low-risk modality that maximises economic returns. They bring investors closer to the businessmen and entrepreneurs who mobilise the country’s real economy.

The bond

The San Cristóbal Servicios Financieros I financial instrument, tendered early January, was a success both in terms of rate and demand, which is good as it is the first series of a global programme. The bond was rated AAA by Moody’s Argentina.

“For Grupo San Cristóbal, this achievement is very important because it demonstrates a strong endorsement for our group but also because it creates a new benefit for our business customers which can access a more competitive financing alternative and a more efficient cost to implement their projects,” said Diego Guaita, CEO of Grupo San Cristóbal.

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