2026-07-17
Added · Updated
The Superintendence of the Securities Market authorizes Motor Crédito, S.A., Banco de Ahorro y Crédito to conduct a public offering of fixed income securities named "Corporate Bonds" with a total issuance program limit of one billion Dominican pesos (DOP 1,000,000,000.00). The securities carry a nominal value of DOP 100.00, have a maturity of up to seven years, and are unsecured, with proceeds designated for debt substitution and working capital. The issuer must register the offering in the Securities Market Registry within ten business days of notification and pay the corresponding fees, or the authorization becomes void. Motor Crédito is further instructed to disclose all risks and conditions in its prospectus and comply with ongoing information obligations under Law No. 249-17.
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SC-07-15-06 Edition 1 Page 1 of 8
FIRST RESOLUTION OF THE SUPERINTENDENCE OF THE SECURITIES MARKET DATED EIGHT (8) JULY TWO THOUSAND TWENTY-SIX (2026) R-SIMV-2026-27-EV Subject: Authorization and registration in the Securities Market Registry of a public offering of securities named "Corporate Bonds" in favor of Motor Crédito, S.A., Banco de Ahorro y Crédito.
Viewed: The Constitution of the Dominican Republic, proclaimed on twenty-seven (27) October two thousand twenty-four (2024).
Viewed: Law No. 183-02, dated twenty-one (21) November two thousand two (2002), which approves the Monetary and Financial Code of the Dominican Republic.
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Source: Superintendencia del Mercado de Valores (Dominican Republic) — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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