Overview

• S&P Global Ratings raised Mercado Libre’s long-term rating from BB+ to BBB- with a stable outlook on July 11, 2025
• This upgrade follows Fitch Ratings’ investment-grade endorsement in October 2024, giving the company two such international ratings
• The agency highlighted disciplined capital management and sustained improvements in operating performance and profitability
• Mercado Libre’s integrated ecosystem spans its marketplace platform, MercadoEnvíos logistics, MercadoPago financial services and digital advertising, leading in Brazil and Mexico
• CFO Martín de los Santos said the second investment-grade rating validates disciplined execution and consistent growth across the company’s platform