Prosegur Cash S.A., founded in 2016 and headquartered in Madrid, Spain, specializes in cash management and cash-in-transit services. The company aims to provide secure and efficient solutions for the transportation, handling, and management of cash, catering to a broad range of clients, including banks and retail businesses.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CASHSM 1.38% 2026-02-04 EURProsegur Cash S.A. | Spain | 2026-02-04 | 1.375 | 2.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Prosegur Cash has actively participated in the bond market since its inception, issuing its first bonds in 2017 to enhance liquidity and support expansion efforts. One notable issuance occurred in January 2020, where the company raised €500 million with a yield that was competitive within the cash services industry. In September 2022, Prosegur Cash successfully completed a bond restructuring, which included the early redemption of older bonds, showcasing the company’s robust financial management. Currently, the company's bonds reflect attractive yields, underpinned by solid credit ratings, reinforcing investor confidence in its growth trajectory.