S&P Global reaffirmed Grupo Argos' AAA credit rating, the highest possible, confirming the structural strength of the organization and the favorable outlook for its businesses.

• Grupo Argos’ ordinary bonds also received the highest credit rating from the rating agency, while the short-term debt of the commercial papers was confirmed as BCR1+.
• This is the second consecutive year that Grupo Argos receives this rating from S&P Global.
• The rating supports Grupo Argos’ solid capital structure, reaffirms the market’s confidence in the organization’s strategy and results, and reflects the deleveraging policy that has led the company to reduce its net debt by more than COP 3 trillion during the last three years.

S&P Global reaffirmed the highest credit ratings for Grupo Argos and its ordinary bonds. Similarly, the short-term debt of the commercial papers was confirmed as BCR1+.

S&P Global reaffirmed the highest credit ratings for Grupo Argos and its ordinary bonds. Similarly, the short-term debt of the commercial papers was confirmed as BCR1+.”We celebrate the reaffirmation of the highest credit rating for Grupo Argos and receive it as a signal of confidence in the strategy we have been executing.” Jorge Mario Velásquez – President of Grupo Argos.

This rating, the highest awarded by S&P Global to companies in Colombia, indicates Grupo Argos’ ability to meet its commitments, the financial flexibility of the organization, and the favorable outlook for all its businesses to drive value maximization and continue to grow selectively and profitably. This result also allows the company to access financing options at lower costs and continue to position itself as a vehicle with the capacity to attract global capital for the development of the region’s infrastructure needs.