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SECURITIZATION TRANSACTIONS (Tables) | 9 Months Ended
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Sep. 30, 2024
Securitization Transactions [Abstract] |
Collateralized Debt | The following table summarizes the Company’s collateralized debt under securitization transactions, as of September 30, 2024:
SPEs |  | Collateralized debt (In millions) |  | Interest rate |  | Currency |  | Maturity
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados |  | $ | 202 |  | CDI + 2.50% |  | Brazilian Reais |  | March 2027
Mercado Crédito Fundo de Investimento Em Direitos Creditórios Não Padronizado |  | 17 |  | CDI + 3.50% |  | Brazilian Reais |  | August 2025
Olimpia Fundo de Investimento Em Direitos Creditórios |  | 30 |  | CDI + 1.25% |  | Brazilian Reais |  | November 2024
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados |  | 220 |  | CDI + 2.35% |  | Brazilian Reais |  | January 2030
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados |  | 73 |  | CDI + 5.25% |  | Brazilian Reais |  | July 2028
Seller Fundo De Investimento Em Direitos Creditórios |  | 192 |  | CDI + 1.60% |  | Brazilian Reais |  | March 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 96 |  | CDI + 1.80% |  | Brazilian Reais |  | May 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 38 |  | CDI + 1.40% |  | Brazilian Reais |  | September 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 19 |  | CDI + 1.60% |  | Brazilian Reais |  | November 2026
Seller II Fundo De Investimento Em Direitos Creditórios Segmento Meios De Pagamento De Rsponsabilidade Limitada |  | 183 |  | CDI + 0.85% |  | Brazilian Reais |  | July 2027
Mercado Crédito Consumo XXX |  | 11 |  | Badlar rates plus 200 basis points with a min 75% and a max 155% |  | Argentine Pesos |  | November 2024 - April 2025 (2)
Mercado Crédito Consumo XXXI |  | 16 |  | Badlar rates plus 200 basis points with a min 45% and a max 125% |  | Argentine Pesos |  | December 2024 - March 2025 (2)
Mercado Crédito Consumo XXXII |  | 18 |  | Badlar rates plus 200 basis points with a min 25% and a max 80% |  | Argentine Pesos |  | January 2025
Mercado Crédito Consumo XXXIII |  | 24 |  | Badlar rates plus 200 basis points with a min 5% and a max 60% |  | Argentine Pesos |  | March 2025 - April 2025 (2)
Mercado Crédito Consumo XXXIV |  | 21 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | April 2025 - July 2025 (2)
SPEs |  | Collateralized debt (In millions) |  | Interest rate |  | Currency |  | Maturity
Mercado Crédito Consumo XXXV |  | 23 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | June 2025 - August 2025 (2)
Mercado Crédito XX |  | 1 |  | Badlar rates plus 200 basis points with a min 100% and a max 170% |  | Argentine Pesos |  | September 2024 - December 2024 (2)
Mercado Crédito XXI |  | 5 |  | Badlar rates plus 200 basis points with a min 45% and a max 125% |  | Argentine Pesos |  | January 2025 - March 2025 (2)
Mercado Crédito XXII |  | 6 |  | Badlar rates plus 200 basis points with a min 15% and a max 70% |  | Argentine Pesos |  | March 2025 - April 2025 (2)
Mercado Crédito XXIII |  | 15 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | May 2025 - June 2025 (2)
Mercado Crédito XXIV |  | 14 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | June 2025 - August 2025 (2)
Mercado Crédito XXV |  | 30 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | July 2025 - August 2025 (2)
Mercado Crédito XXVI |  | 34 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | August 2025 - October 2025 (2)
Mercado Crédito XXVII (1) |  | 28 |  | Badlar rates plus 200 basis points with a min 15% and a max 60% |  | Argentine Pesos |  | August 2025 - October 2025 (2)
Fideicomiso de administración y fuente de pago CIB/3756 |  | 214 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.35% |  | Mexican Pesos |  | August 2026
Fideicomiso de administración y fuente de pago CIB/3369 |  | 31 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 7.0% |  | Mexican Pesos |  | July 2027
Fideicomiso de administración y fuente de pago CIB/3369 |  | 231 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.8% |  | Mexican Pesos |  | July 2027
Fideicomiso Irrevocable de Administración y Fuente de Pago número CIB/4372 |  | 53 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.5% |  | Mexican Pesos |  | August 2027
|  | $ | 1,845 |  |  |  |  |  |
(1) As of September 30, 2024, Loans payables owned by this trust were obtained through private placements. Mercado Crédito XXVII trust made a public bond offering in the Argentine stock market on O ctober 7, 2024. (2) Minimum and maximum maturity depending on the applica ble interest rate within the range.
Assets and Liabilities of the Trust | The assets and liabilities of the SPEs are included in the Company’s unaudited interim condensed consolidated financial statements as of September 30, 2024 and December 31, 2023 as follows:
| September 30, 2024 |  | December 31, 2023
Assets | (In millions)
Current assets: |  |  |
Restricted cash and cash equivalents | $ | 480 |  |  | $ | 355 |
Credit card receivables and other means of payments, net | 32 |  |  | 105 |
Loans receivable, net of allowances | 1,444 |  |  | 1,198 |
Total current assets | 1,956 |  |  | 1,658 |
Non-current assets: |  |  |
Long-term investments | 19 |  |  | 23 |
Loans receivable, net of allowances | 86 |  |  | 27 |
Total non-current assets | 105 |  |  | 50 |
Total assets | $ | 2,061 |  |  | $ | 1,708 |
Liabilities |  |  |
Current liabilities: |  |  |
Loans payable and other financial liabilities | $ | 390 |  |  | $ | 693 |
Other liabilities | 42 |  |  | 1 |
Total current liabilities | 432 |  |  | 694 |
Non-current liabilities: |  |  |
Loans payable and other financial liabilities | 1,455 |  |  | 782 |
Total non-current liabilities | 1,455 |  |  | 782 |
Total liabilities | $ | 1,887 |  |  | $ | 1,476 |

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