As per External Circular 028 of 2014, Titularizadora Colombiana S.A. has submitted the Report on the Implementation of Best Corporate Practices for the period January – December 2024, which may be consulted at https://www.titularizadora.com/. See attached.
The Technical Committee of BRC Ratings S&P Global S.A. Sociedad Calificadora de Valores affirmed the AAA rating for Tips Pesos A2 (2034) N-18. Additionally, it upgraded the rating of Series B to AA+ from AA-. It affirmed the BB+ rating for Series MZ and maintained its Positive Outlook (PO). Lastly, it affirmed the BB rating for Series C.
Further to the relevant information published on January 15, 2025, regarding the execution of the sale, purchase and administration agreements by Titularizadora Colombiana S.A., we hereby disclose the acquisition price of the mortgage loan portfolio acquired from Credifamilia Compañía de Financiamiento S.A., as detailed in the attached document.
Titularizadora Colombiana informs signing of the mortgage loan administration contract with Credifamilia Compañía de Financiamiento S.A. for an eventual securitization process.
Titularizadora Colombiana informs signing of the forward purchase agreement for mortgage loans with Credifamilia Compañía de Financiamiento S.A. for an eventual securitization process.
Titularizadora Colombiana hereby informs of the registration with the Bogotá Chamber of Commerce of the increase in the Company’s subscribed and paid-in capital, as a result of the conversion upon maturity of the Mandatory Convertible Bonds into Shares (BOCEAS), issued through a private offering among shareholders in December 2023, an event previously disclosed through this channel on December 16, 2024. Consequently, the Company’s subscribed and paid-in capital increased from COP 66,360,491,000 to COP 67,883,133,000.
We inform the result of the securitization process for non-mortgage assets TIV V-10 (offer and placement of TIV V-10 non-mortgage securities on December 19 and 23, 2024). The general placement report is attached.
Titularizadora Colombiana S.A. announces the setting of the amount and cut-off rate of the first batch of the TIV A V-10 non-mortgage securities of the securitization process of vehicle loans in Colombian Pesos through the TIV V-10 Issue. See attached report.
Titularizadora Colombiana S.A. communicates the publication of the Book Building opening announcement for the TIV A V-10 securities. See report attached.
Titularizadora Colombiana hereby informs of the maturity of the Mandatory Convertible Bonds into Shares (BOCEAS), issued via a private offering among shareholders in December 2023. Upon redemption, the mandatory conversion will occur, resulting in the issuance of a total of 1,522,642 common shares of the Company, each with a par value of COP 1,000.00, to be distributed proportionally among all shareholders without altering their relative ownership percentages. As a result of the conversion process, the Company’s subscribed and paid-in capital will amount to COP 67,883,139,483.
Fitch publishes the technical document that supports the national ratings of Universality TIV V-3, TIV V-5, and TIV V-6.
We inform that the contract for the sale of car loans with Finanzauto S.A. has been signed, in order to be securitized in the TIV V-10 Issuance.