Third Issuance of Reybanpac Commercial Paper

On October 1, the opening bell rang for the Third Issuance of Reybanpac Commercial Paper for an amount of $ 20 million dollars. The event was held at the Guayaquil Stock Exchange facilities (BVG) in conjunction with the Picaval brokerage house and senior executives of Reybanpac.

“It fills us with pride and, at the same time, it is a great responsibility to participate in the capital markets, and this ringing of the bell celebrates the great reception that the market gives us while reminding us of the importance of honoring the commitments we make with integrity.”, Freddy Salvatierra, Financial Vice President.

During the event, Vicente Wong, CEO of Reybanpac, highlighted the company's trajectory and its commitment to sustainable development in all areas. “We have to continue investing and working for a better future. Our values are not a statement, they are a daily practice,” he said.

This issuance was oversubscribed and within three days the full amount was placed. The funds received will allow financing the working capital of the company including the funding of exports, payments to suppliers, among others.

We thank BVG and Picaval for promoting the development of securities in the market, and especially we thank all investors for the trust placed in Reybanpac, which will allow us to continue growing.