49509 - Exitus ABL

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Summary of Investment Information

Project Number

49509

Company Name

Fideicomiso de Garantia, Administracion y Fuente de Pago Numero 4018

Date SPI Disclosed

Feb 5, 2026

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Mar 10, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Signing

Last Updated Date

Jun 5, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Jun 3, 2026

Sector

Finance Companies

Project Description

The proposed investment consists of an eight-year senior loan of up to MXN850 million (~US$47 million equivalent) in up to two commitments for IFC’s own account to a special purpose vehicle (the Trust) following an asset-backed lending structure, collateralized by eligible loans originated by Exitus Credit S.A.P.I. de C.V., SOFOM, E.N.R. (“Exitus Credit”) and Desarrolladora e Impulsora de Negocios S.A.P.I. de C.V., SOFOM, E.N.R. (“CrediConfía”) (together, the Companies). The Trust is expected to obtain financing for up to MXN3,200 million (~US$178 million equivalent), in the form of parallel loans from HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC, and other financial institutions (the Project). The collection rights of securitized pensioner loans originated and serviced by the Companies are expected to be the only repayment source of the Project. It is expected that at least 50% of IFC’s investment will support the Companies’ lending operations to women pensioners.

Associated Advisory Engagement

Potential advisory services to the Companies are expected to (i) support institutional strengthening in their corporate governance, risk management and responsible finance practices; and (ii) reinforce key target segments currently served by the Companies.

Sponsor / Cost / Location

Product Line	IFC Investment (million USD)
Risk Management
Guarantee
Loan	25.96
Equity

IFC's loan to the financial institution described in this SII is targeted for on-lending to the following sector(s):

Product Type	Use of Proceeds
Straight Senior Loan	Consumer Loans

IFC's Definitions of Targeted Sectors can be found here.

Development Impact

IFC’s additionality through the Project is both financial and non-financial. Financial additionality will be provided in the form of (i) financing, as IFC will provide a longer-term financing than what is readily available in the market; and (ii) resource mobilization as the Project entails parallel loans from HSBC and other local financial institutions to achieve the desired size of the Project. Non-financial additionality will be provided in the form of (i) risk mitigation because IFC’s participation in the project will strengthen its credibility and provide comfort to other institutional investors, and (ii) knowledge, innovation, and capacity building through advisory services.

Indicator	Metrics	Comments
Number Of Outstanding Loans, Women	number
Number of Outstanding Loans, Individuals: (target group)	number
Number of Outstanding Loans, Microenterprises : (target group)	number
Target group as a share of reference MSME loan portfolio	%
Value of Outstanding Loans, Individuals: (target group)	$
Value of Outstanding Loans, Individuals: (target group)	$	Target group is Mexican pensioners in underserved regions
Value of Outstanding Loans, Women	$	Women pensioners
Women-led enterprises as a share of reference MSME loan portfolio	%	Women pensioners

E&S Category Rationale / Risks and Mitigation

The proposed investment consists of a senior loan to support The Companies’ silver economy loans portfolio. The environmental and social risks associated with these lending activities are considered low risk, with minimal or no adverse environmental and social impacts. Therefore, the Project has been categorized as FI-3 in accordance with the IFC’s Sustainability Framework. The Project will not support coal-related activities, or higher risk business activities that may include: a) involuntary resettlement, b) risk of adverse impacts on indigenous peoples, c) significant risks to or impacts on the environment, community health and safety, biodiversity, cultural heritage, d) risk of retrenchment or e) significant occupational health and safety risks to employees. The Companies HR policies and practices are considered mostly consistent with IFC Performance Standard 2 on Labor and Working Conditions. However, as condition of commitment, Exitus will need to strengthen its HR policies by updating its HR policy, grievance mechanism, and its anti-sexual harassment policy. The Companies will also be required to continue meeting basic Life & Fire safety requirements and the requirements of IFC’s Performance Standard 2 on Labor and Working conditions.

Contacts

For Inquiries About the Project, Contact

Exitus Credit S.A.P.I. de C.V., SOFOM, E.N.R. and Desarrolladora e Impulsora de Negocios S.A.P.I. de C.V., SOFOM, E.N.R.
Alan Sereno
Chief Financial Officer
52 55 4170 9900
alan.sereno@exitus.com
Carretera México-Toluca No. 5420, Piso 9, C.P. 05320, Ciudad de México
www.exituscredit.com

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This Summary of Investment Information (SII) is prepared by IFC to disclose a factual summary of the main elements of the potential investment. It also includes findings and recommendations related to environmental and social considerations regarding this potential investment. The purpose of the SII is to enhance the transparency of IFC’s activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the project sponsor. IFC considers that this SII is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed in advance of IFC Board of Directors’ consideration and may be periodically updated thereafter. Board dates are estimates only and this document should not be construed as presuming the outcome of the Board Directors’ decision. The following SII is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

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