Nestlé Subsidiary Industrial Surindu Enters Ecuador Stock Market with $30M Issuance

Overview

Industrial Surindu S.A., the biscuit and confectionery manufacturing plant of Nestlé Group in Ecuador, has entered the national stock market to secure up to $30 million in short-term financing through commercial paper. The transaction is intended to optimize short-term liabilities and diversify operational financing for the company's industrial operations in Guayaquil.

Confirmed details

The public offering was authorized by the Superintendencia de Compañías, Valores y Seguros (SCVS), with Nestlé Ecuador communicating approval on October 13, 2026. On November 10, 2026, the Bolsa de Valores de Quito (BVQ) marked the company's market entry with its 159th bell-ringing ceremony.

The issuance was structured by Mercapital Casa de Valores and received a AAA risk rating from Pacific Credit Rating. Industrial Surindu concentrates its manufacturing activity in Guayaquil, where it produces biscuits, wafers, coated products, chocolates, and powdered beverages, including brands such as Tango and Amor. According to data from the Superintendencia de Compañías, the company registered $69.1 million in sales revenues in 2025, compared to $66.9 million recorded the previous year.

What to watch

• The placement progress of the commercial paper program up to the authorized $30 million limit.
• Implementation of short-term liability restructuring following the market debut.

Sources: primicias.ec.

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