Credicorp Ltd. Fitch Ratings Report Update
Ticker: BAP · Form: 6-K · Filed: Apr 11, 2024 · CIK: 1001290
| Field | Detail |
|---|---|
| Company | Credicorp Ltd (BAP) |
| Form Type | 6-K |
| Filed Date | Apr 11, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: credit-rating, material-event, fitch-ratings
Related Tickers: CCOR
TL;DR
Credicorp's Fitch rating report got an update, check the latest.
AI Summary
Credicorp Ltd. announced on April 10, 2024, that Fitch Ratings has updated its credit rating report for the company. This filing serves as a notification of a material event, referencing a previous report from April 21, 2023.
Why It Matters
Updates to credit ratings can significantly impact a company's borrowing costs and investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine notification of a credit rating update and does not contain new financial performance data or significant operational changes.
Key Players & Entities
- Credicorp Ltd. (company) — Registrant
- Fitch Ratings (company) — Credit Rating Agency
- Banco de Credito del Peru (company) — Subsidiary
- April 10, 2024 (date) — Filing Date
- April 21, 2023 (date) — Reference Date for previous report
FAQ
What is the specific nature of the update from Fitch Ratings?
The filing states that Fitch Ratings has updated its credit rating report for Credicorp Ltd., but does not provide details on the specific changes or conclusions of the updated report.
Does this filing indicate a change in Credicorp's credit rating?
The filing indicates an update to the credit rating report, but does not explicitly state whether the credit rating itself has been changed.
When was the previous Fitch Ratings report for Credicorp Ltd. issued?
The previous Fitch Ratings report for Credicorp Ltd. was dated April 21, 2023.
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to notify the SEC of a material event, specifically the update of Credicorp Ltd.'s credit rating report by Fitch Ratings.
Is Credicorp Ltd. required to file annual reports on Form 20-F?
Yes, Credicorp Ltd. is indicated by a checkmark to file annual reports under cover of Form 20-F.
Filing Stats: 407 words · 2 min read · ~1 pages · Grade level 15.1 · Accepted 2024-04-11 06:01:18
Filing Documents
- ef20026741_6k.htm (6-K) — 12KB
- image00001.jpg (GRAPHIC) — 4KB
- 0001140361-24-019177.txt ( ) — 18KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of April 2024 Commission File Number: 001-14014 CREDICORP LTD. (Translation of registrant's name into English) Of our subsidiary Banco de Credito del Peru: Calle Centenario 156 La Molina Lima 12, Peru (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____ April 10, 2024 Securities and Exchange Commission - SEC Re.: MATERIAL EVENT Dear Sirs: We hereby notify you as a Material Event that Fitch Ratings has updated the credit rating report of Credicorp Ltd. (Credicorp) dated April 21, 2023 (updated on January 18, 2024). The new report only represents an update of figures as of December 2023. The information in this Form 6-K regarding the rating of Fitch Ratings has been disclosed in Peru in conformity with Peruvian law (Article 30 of the Capital Markets Law, approved by Supreme Decree 020-2023-EF, and by the Regulation of the Disclosure of Material Events and Reserved Information approved by Resolution 005-2014-SMV/01 of the Peruvian Capital Markets Superintendency). The ratings of Fitch Ratings do not necessarily represent the opinion of Credicorp, nor should they be seen as a recommendation to buy shares or any other securities of Credicorp. Credicorp accepts no liability for the completeness, timeliness, accuracy or selection of such information. The information in this Form 6-K (including any exhibit hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act') or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act. Sincerely, /s/ Guillermo Morales Authorized Representative Credicorp Ltd. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: April 10, 2024 CREDICORP LTD. (Registrant) By: /s/ Guillermo Morales Guillermo Morales Authorized Representative