XML 68 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
SECURITIZATION TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2023
Securitization Transactions [Abstract]  
Summary of Collateralized Debt
The following table summarizes the Company’s collateralized debt under securitization transactions, as of December 31, 2023:
SPEsCollateralized debt as of December 31, 2023Interest rateCurrencyMaturity
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados$208 
CDI + 2.50%
Brazilian ReaisMay 2025
Mercado Crédito Fundo de Investimento Em Direitos Creditórios Não Padronizado17 
CDI + 3.50%
Brazilian ReaisAugust 2025
Olimpia Fundo de Investimento Em Direitos Creditórios104 
CDI + 1.25%
Brazilian ReaisNovember 2024
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados151 
CDI + 2.35%
Brazilian ReaisJanuary 2030
Seller Fundo De Investimento Em Direitos Creditórios208 
CDI + 1.60%
Brazilian ReaisMarch 2026
Seller Fundo De Investimento Em Direitos Creditórios104 
CDI + 1.80%
Brazilian ReaisMay 2026
Seller Fundo De Investimento Em Direitos Creditórios42 
CDI + 1.40%
Brazilian ReaisSeptember 2026
Seller Fundo De Investimento Em Direitos Creditórios21 
CDI + 1.60%
Brazilian ReaisNovember 2026
Mercado Crédito Consumo XIX1 
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosFebruary 2024
Mercado Crédito Consumo XX5 
Badlar rates plus 200 basis points with a min 60% and a max 92%
Argentine PesosMarch 2024
Mercado Crédito Consumo XXI7 
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosJune 2024
Mercado Crédito Consumo XXII8 
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosJune 2024
Mercado Crédito Consumo XXIII8 
Badlar rates plus 200 basis points with a min 80% and a max 120%
Argentine PesosAugust 2024
Mercado Crédito Consumo XXIV8 
Badlar rates plus 200 basis points with a min 100% and a max 140%
Argentine PesosOctober 2024
Mercado Crédito Consumo XXV9 
Badlar rates plus 200 basis points with a min 100% and a max 150%
Argentine PesosNovember 2024
Mercado Crédito Consumo XXVI9 
Badlar rates plus 200 basis points with a min 100% and a max 160%
Argentine PesosNovember 2024
Mercado Crédito Consumo XXVII9 
Badlar rates plus 200 basis points with a min 100% and a max 180%
Argentine PesosMarch 2025
Mercado Crédito XIX6 
Badlar rates plus 200 basis points with a min 100% and a max 140%
Argentine PesosAugust 2024
Mercado Crédito XX4 
Badlar rates plus 200 basis points with a min 100% and a max 170%
Argentine PesosDecember 2024
Fideicomiso de administración y fuente de pago CIB/3756247 
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.35%
Mexican PesosAugust 2026
Fideicomiso de administración y fuente de pago CIB/336930 
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 7.0%
Mexican PesosApril 2025
Fideicomiso de administración y fuente de pago CIB/3369269 
The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 3.0%
Mexican PesosApril 2025
$1,475 
Summary of Assets and Liabilities of the Trust
The assets and liabilities of the SPEs are included in the Company’s audited consolidated financial statements as of December 31, 2023 and 2022, as follows:
December 31,
20232022
Assets(In millions)
Current assets:
Restricted cash and cash equivalents$355 $459 
Credit card receivables and other means of payments, net105 317 
Loans receivable, net1,198 799 
Total current assets1,658 1,575 
Non-current assets:
Long-term investments23 21 
Loans receivable, net27 24 
Total non-current assets50 45 
Total assets$1,708 $1,620 
Liabilities
Current liabilities:
Accounts payable and accrued expenses$— $4 
Loans payable and other financial liabilities693 535 
Other liabilities1 1 
Total current liabilities694 540 
Non-current liabilities:
Loans payable and other financial liabilities782 703 
Total non-current liabilities782 703 
Total liabilities$1,476 $1,243