Background on Exitus Capital and its Relevance
Exitus Capital, a specialized leasing and lending company for small and medium-sized enterprises (SMEs), is planning to continue issuing bonds in the capital market, despite challenging economic conditions for business growth.
Carlos Rahmane, the General Director of Exitus Capital’s multiple-purpose financial society (Sofom), stated that they intend to utilize the full extent of their $430 million bond program over a period of four to five years.
Recent Financial Activities
Last month, Exitus Capital successfully raised $54 million through the second issuance of its bond program, which will be allocated to financing SMEs. Previously, the company conducted a $50 million placement and a $30 million reopening in 2024.
Investor Interest and Target Sectors
Exitus Capital, which debuted on the stock exchange in 2012, has observed investor appetite, particularly for issuers with a proven track record. Although the current economic environment has constrained its portfolio growth, the company identifies opportunities in specific niches.
Exitus Capital has pinpointed strong demand in sectors such as agroindustry, automotive (especially auto parts), contract manufacturing, and businesses linked to tourism.
Future Plans
Rahmane expressed optimism about the possibility of another bond issuance by the end of this year or early next year, stating, “The idea is definitely to channel liquidity from the market and institutional investors towards financing small and medium-sized enterprises.”
Key Questions and Answers
- What is Exitus Capital’s plan regarding the stock market? Exitus Capital intends to continue issuing bonds in the capital market, aiming to utilize its $430 million bond program over four to five years.
- What recent financial activities has Exitus Capital undertaken? The company successfully raised $54 million in the second issuance of its bond program last month, with previous placements totaling $50 million and $30 million in 2024.
- Why is Exitus Capital optimistic about investor interest? Despite the current economic environment, Exitus Capital has observed investor appetite, particularly for issuers with a proven track record.
- Which sectors does Exitus Capital focus on for financing SMEs? The company identifies strong demand in agroindustry, automotive (especially auto parts), contract manufacturing, and businesses linked to tourism.
- What are Exitus Capital’s future plans regarding bond issuance? Rahmane expressed optimism about the possibility of another bond issuance by the end of this year or early next year, aiming to channel liquidity from the market and institutional investors towards financing SMEs.
