Credicorp Ltd. Announces That One of Its Subsidiaries Offers to Purchase 100% of Credicorp Capital Client's Investments in the 'Credicorp Capital Factoring Dólares ' and 'Credicorp Capital Factoring Soles' Funds
Credicorp Ltd. Announces That One of Its Subsidiaries Offers to Purchase 100% of Credicorp Capital Client's Investments in the 'Credicorp Capital Factoring Dólares ' and 'Credicorp Capital Factoring Soles' Funds
In response to this situation, Credicorp Capital has committed to acquiring through ASHC the value of the investment units from its clients within 45 days. This move seeks to ensure that clients will not bear the uncertainty of the liquidation process of Sartor-managed funds, which was mandated by the CMF. Lima, Dec. 30, 2024 (GLOBE NEWSWIRE) -- LIMA, PERU, December 30, 2024 – Credicorp Ltd. ("Credicorp") (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama, announced today that its subsidiary Credicorp Capital S.A. Sociedad Administradora de Fondos ("Credicorp Capital"), has notified its clients that it has offered to purchase 100% of the value of investments in the Credicorp Capital Factoring Dólares FMIV and Credicorp Capital Factoring Soles FMIV funds. These funds, which had exposure to assets managed by Sartor Administradora General de Fondos S.A. ("Sartor") in Chile, a third-party fund manager, were impacted by recent regulatory actions and alleged misconduct at Sartor.
利馬，2024年12月30日（GLOBE NEWSWIRE）-- 秘魯利馬會，2024年12月30日 – Credicorp有限公司（"Credicorp"）（紐交所：BAP | BVL：BAP），是秘魯領先的金融服務控股公司，並在智利、哥倫比亞、玻利維亞和巴拿馬有業務，今天宣佈其子公司Credicorp Capital S.A.資產管理公司（"Credicorp Capital"）已通知其客戶，已提議購買Credicorp Capital Factoring Dólares FMIV和Credicorp Capital Factoring Soles FMIV基金中投資價值的100%。這些基金曾通過智利的第三方基金管理公司Sartor Administradora General de Fondos S.A.（"Sartor"）管理資產，受最近的監管行動和Sartor的指控不當行爲的影響。
To facilitate the purchase process, Credicorp Capital will execute participation transfer agreements through its affiliate Atlantic Security Holding Corporation (ASHC), covering up to US$125.3 million in investment value. As a result, Credicorp Capital (directly or through its affiliate) would assume creditor status with respect to Sartor, pursuing legal actions to recover funds and holding those responsible accountable. Credicorp expects to partially recover these funds and will be providing updates as they become available.
爲了便於購買流程，Credicorp Capital將通過其附屬公司Atlantic Security Holding Corporation（ASHC）執行參與轉讓協議，涵蓋高達12530萬美元的投資價值。因此，Credicorp Capital（直接或通過其附屬公司）將以債權人的身份承擔Sartor的相關責任，追求法律行動以追回資金，並追究責任。Credicorp預計將部分恢復這些資金，並將在有新消息時提供更新。
As publicly disclosed, the Chilean Financial Market Commission (CMF) recently ordered the suspension of contributions, as well as redemptions and payments, of all funds managed by Sartor, which included the Credicorp Capital Factoring Soles FMIV and Credicorp Capital Factoring Dólares FMIV funds. Following a complaint filed by Credicorp Capital, the CMF issued a resolution on December 20, 2024, by which it (i) revoked Sartor's authorization to operate, and (ii) ordered the liquidation of all funds under Sartor's management.
根據公開披露，智利金融市場委員會（CMF）最近下令暫停對Sartor管理的所有基金的貢獻、贖回和支付，這些基金包括Credicorp Capital Factoring Soles FMIV和Credicorp Capital Factoring Dólares FMIV基金。在Credicorp Capital提出的投訴後，CMF於2024年12月20日發出了一項決議，內容包括（i）撤銷Sartor的運營授權，以及（ii）下令清算Sartor管理下的所有基金。
In response to this situation, Credicorp Capital has committed to acquiring through ASHC the value of the investment units from its clients within 45 days. This move seeks to ensure that clients will not bear the uncertainty of the liquidation process of Sartor-managed funds, which was mandated by the CMF.
面對這一情況，Credicorp Capital已承諾將在45天內通過ASHC收購其客戶的投資單位價值。此舉旨在確保客戶不會承受CMF要求的Sartor管理基金清算過程的不確定性。
About Credicorp Ltd.
關於Credicorp有限公司。
Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru, with a diversified business portfolio organized into four primary lines of business: Universal Banking, through Banco de Crédito del Perú (BCP) and Banco de Crédito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance and Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management and Advisory, through Credicorp Capital and ASB Bank Corp. Credicorp has a presence in Peru, Chile, Colombia, Bolivia, and Panama.
CrediCORP有限公司（紐交所：BAP）是秘魯領先的金融服務控股公司，具有多元化的業務組合，分爲四個主要業務領域：綜合銀行業務，通過秘魯信貸銀行（BCP）和玻利維亞信貸銀行；微型金融，通過秘魯和哥倫比亞的Mibanco；保險和養老金，通過太平洋集團和Prima AFP；以及投資管理和諮詢，通過CrediCORP Capital和ASb Bank CORP。CrediCORP在秘魯、智利、哥倫比亞、玻利維亞和巴拿馬均有業務。
Safe Harbor Statement
安全港聲明
This press release contains forward-looking statements. These statements, which include words such as "will", "would", "expects" and "seeks", are based on the current beliefs and expectations of Credicorp's management and are subject to risks and uncertainties. Actual results may differ materially from those projected. Credicorp Ltd. assumes no obligation to update these statements.
本新聞稿包含前瞻性聲明。這些聲明包含諸如「將」、「會」、「預期」和「尋求」等詞，基於Credicorp管理層當前的信念和期望，並受到風險和不確定性的影響。實際結果可能與預測結果有顯著不同。Credicorp有限公司不承擔更新這些聲明的義務。
For more information, please refer to our filings with the U.S. Securities and Exchange Commission.
如需更多信息，請參考我們提交給美國證券交易委員會的文件。
IR Contact:
投資者關係聯繫人：
investorrelations@credicorpperu.com
investorrelations@credicorpperu.com
Investor Relations
Credicorp Ltd.
投資者關係
Credicorp股份有限公司。
譯文內容由第三人軟體翻譯。
