Ratings and Fixed Income

Ratings

PagBank has received the highest rating — brAAA/AAA.br/AAA(bra) — from S&P Global Ratings, Moody’s Local, and Fitch Ratings. This rating reflects the bank’s strong financial position, prudent risk management, and consistent operational performance.

  • S&P Global

    brAAA

  • National Scale Rating

    National

  • Outlook

    Stable

  • Most recent rating

    Sep-25

  • Moody’s

    AAA.br

  • National Scale Rating

    National

  • Outlook

    Stable

  • Most recent rating

    Jan-26

  • Fitch Ratings

    AAA(bra)

  • National Scale Rating

    National

  • Outlook

    Stable

  • Most recent rating

    Dec-25

What is Risk Rating?

The brAAA rating represents the top tier on the Brazilian national rating scale and underscores market confidence in PagBank’s creditworthiness and long-term stability as a digital financial institution.

For more information about BancoSeguro — the licensed financial institution behind the PagBank brand — including regulatory filings and disclosures, please visit the BancoSeguro website here

Fixed Income

Issuing Company Type Total amount Currency Coupon Issue Date Maturity Date
PagBank Financial Letter R$ 633,000,000.00 BRL CDI + 0.80% 30/04/2024 11/05/2026
PagBank Financial Letter R$ 920,000,000.00 BRL CDI + 0.45% 30/06/2025 12/07/2027
PagBank Financial Letter R$ 694,350,000.00 BRL CDI + 0.50% 30/03/2026 09/04/2028
PagBank Financial Letter R$ 158,050,000.00 BRL CDI + 0.60% 30/03/2026 30/03/2029
PagBank Financial Letter R$ 216,000,000.00 BRL CDI + 0.70% 30/03/2026 30/03/2030