Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 315

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 315
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 and the Company as guarantor.

On December 1, 2023, PFL entered into an unsecured credit facility with Banco Santander S. A. for US$ 100 2.6 25 75 100 25

On October 11, 2023, PFL entered into two standby letters of credit (SBLCs) with Mizuho Bank, Ltd. and Citibank, N. A., each for GBP 11 22 2.5

On January 31, 2024, PFL entered into two term loans with Mizuho Bank, Ltd. and Citibank, N. A., each for US$ 38 76 2.5 76

On March 8, 2024, PFL entered into a revolving credit facility with Banco Santander, S. A. for US$ 25 2.6 25

On August 21, 2023, Moneda Asset Management (MAM) entered into a working capital facility with Banco de Chile for US$ 5 3.60

On December 6, 2024, the Group entered into a revolving credit facility with Mizuho Bank for the value of US$ 50 2.25 50

The Group drew US$ 261 35 3.6

  Patria Investments Limited      F-44  

  Table of Contents  

  Notes to the consolidated financial statements                                             
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  
  (Amounts in thousands of United States dollars - US$, except where otherwise stated)       
 ─────────────────────────────────────────────────────────────────────────────────────────────

The following table presents the changes in the loans for the period ending December 31, 2024:

  Balance as of December 31, 2023                                                —                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────
  Credit facilities incurred                                                              261,000  
  Credit facilities acquired through business combination with Nexus            95                 
  Credit facilities repaid                                                              ( 35,000)  
  Debit issuance costs incurred                                           ( 3,636)                 
  Debit issuance costs amortization                                                         2,004  
  Interest expense raised                                                                  10,020  
  Interest repaid                                                         ( 6,502)                 
  Currency translation adjustment                                            (