Inter & Co, Inc. Files 6-K with S&P Global Rating Info
Ticker: INTR · Form: 6-K · Filed: May 21, 2024 · CIK: 1864163
Sentiment: neutral
Topics: rating-update, regulatory-filing, international
Related Tickers: INTR
TL;DR
Inter & Co (INTR) filed a 6-K with S&P Global rating info, check it out.
AI Summary
Inter & Co, Inc. filed a Form 6-K on May 21, 2024, reporting information for the month of May 2024. The filing includes a document titled 'interco_6kspglobalrating.htm', indicating a report related to S&P Global Ratings. The company's principal executive offices are located at Av Barbacena, 1.219, 22nd Floor, Belo Horizonte, Brazil.
Why It Matters
This filing provides updates and potentially rating information from S&P Global, which could influence investor perception and the company's cost of capital.
Risk Assessment
Risk Level: medium — Filings related to credit ratings can have a significant impact on a company's stock price and financial standing.
Key Players & Entities
- Inter & Co, Inc. (company) — Filer of the 6-K report
- S&P Global Ratings (company) — Mentioned in the filing title
- Av Barbacena, 1.219, 22nd Floor Belo Horizonte, Brazil (location) — Principal executive office address
FAQ
What specific information regarding S&P Global Ratings is included in the 'interco_6kspglobalrating.htm' document?
The provided text does not detail the specific content of the 'interco_6kspglobalrating.htm' document, only that it is part of the 6-K filing for May 2024.
When was Inter & Co, Inc. previously known as Inter Platform, Inc.?
The date of the name change from Inter Platform, Inc. to Inter & Co, Inc. was May 25, 2021.
What is the SIC code for Inter & Co, Inc.?
The Standard Industrial Classification (SIC) code for Inter & Co, Inc. is 6029, categorized as COMMERCIAL BANKS, NEC.
What is the fiscal year end for Inter & Co, Inc.?
The fiscal year end for Inter & Co, Inc. is December 31 (1231).
Is Inter & Co, Inc. required to file annual reports under Form 20-F?
Yes, Inter & Co, Inc. indicates with a checkmark that it files annual reports under Form 20-F.
Filing Stats: 362 words · 1 min read · ~1 pages · Grade level 12.6 · Accepted 2024-05-20 17:45:41
Filing Documents
- interco_6kspglobalrating.htm (6-K) — 4KB
- interco_6kspglobalrating001.jpg (GRAPHIC) — 89KB
- interco_6kspglobalrating002.jpg (GRAPHIC) — 89KB
- interco_6kspglobalrating003.jpg (GRAPHIC) — 48KB
- 0001628280-24-024414.txt ( ) — 316KB
From the Filing
interco_6kspglobalrating United States 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 May 2024 Commission File Number 132-02847 INTER & Co, INC. (Exact name of registrant as specified in its charter) N/A (Translation of Registrant's executive offices) Av Barbacena, 1.219, 22nd Floor Belo Horizonte, Brazil, ZIP Code 30 190-131 Telephone: +55 (31) 2138-7978 (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): Yes No 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): Yes No INTER & CO, INC. S&P Global Ratings upgrades Banco Inter's outlook to "Stable" and reaffirms its "brAA+" rating INTER & CO, INC. (NASDAQ: INTR; B3: INBR32) ("Inter&Co" or "Company") hereby announces that S&P Global Ratings (S&P) upgraded Banco Inter S.A. outlook to "Stable" and reaffirmed its "brAA+" rating in the Brazilian National Scale. The upgrade was based on several factors, including: (i) improved profitability, (ii) perception of future profitability improvement, (iii) capitalization, (iv) strong trend in revenue diversification, (v) disciplined expense containment, (vi) increased loan portfolio, and (vii) diversified funding. According to the report published today, May 20, 2023, S&P states that: "The stable outlook reflects our view that Banco Inter will continue to improve its profitability, providing greater stability to the business." Additional information may be obtained from Inter&Co's Investor Relations Department at ir@inter.co, or on Inter&Co's website (http://investors.inter.co). Belo Horizonte, May 20, 2024. SANTIAGO HORACIO STEL Senior Vice President of Finance and Risks 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. INTER & Co, INC. By: /s/ Santiago Horacio Stel Name: Santiago Horacio Stel Title: Senior Vice President of Finance and Risks Date: May 20, 2024