Comercializadora NEXOLIDER S.A.

What it is

NEXOLIDER is a Bolivian joint-stock company (sociedad anónima) formed by a group of investors and professionals, constituted in January 2007 to import, export, and represent mass-consumer brands — both Bolivian and foreign — on its own account or in partnership.

It launched operations in November 2007 with a handful of well-known Mexican brands — De La Rosa, Herdez, Doña María, Búfalo and Carlota — and has since grown a portfolio that spans confectionery, condiments, personal-care items, and household cleaning products from dozens of local and international manufacturers.

Its shelf offer today ranges from toilet paper, feminine hygiene products and shampoos to chocolates, mazapán, jams, olives, sauces, soups and teas.

The company serves a total of 3,732 geo-referenced clients, spanning traditional markets, supermarket chains, sub-distributors and institutional buyers.

NEXOLIDER operates on a fully formal, tax-compliant basis, invoicing every sale, and runs its entire logistics chain on the SAP enterprise software platform.

Who owns it

The company describes itself as owned by “a group of investors and professionals”; the individual shareholders and their exact ownership percentages are not disclosed in available public sources.

Shareholders have gathered in extraordinary general meetings held in Santa Cruz de la Sierra to approve each bond issuance, indicating the principal investors are active in governance. Because NEXOLIDER lists only debt instruments — bonds and commercial paper — rather than shares on the Bolsa Boliviana de Valores, no public share registry exists and no free-float figure is available.

Who runs it

The names of NEXOLIDER’s chief executive, chief financial officer, and board chair are not disclosed in the public bond prospectuses, the ASFI regulatory filing, or the BBV issuer page accessed for this profile. The company’s own website does not list executive names.

Its credit quality has been assessed periodically by the rating agency Pacific Credit Rating (PCR) since 2014 — first for private bond issuances through 2021, then for public bonds from 2022 onward.

The money, in plain words

NEXOLIDER is not an equity-listed company; it appears on the Bolsa Boliviana de Valores exclusively as a bond issuer under the ticker NXS. Because no shares trade publicly, there is no market capitalisation to report, and audited revenue and profit figures from its financial statements are not reproduced in any publicly retrievable document at this time.

Bolivia’s financial regulator ASFI authorised and registered the first public “Bonos NEXOLIDER” bond issuance in July 2022 under registry number ASFI/DSV-ED-NXS-018/2022. That first issuance raised Bs 40,000,000 — about $4.1 million at the current exchange rate — a fixed-term, fixed-rate instrument redeemed in periodic instalments.

In August 2025, ASFI authorised a new programme of short-term commercial paper — “Pagarés Bursátiles NEXOLIDER I” — with a total ceiling of Bs 90,000,000, roughly $9.1 million, under resolution ASFI/733/2025. This fresh programme, layered on top of the outstanding bonds, shows the company actively tapping Bolivia’s capital markets to fund working capital or growth.

What it is doing now

The most recent material move is the August 2025 launch of the Pagarés Bursátiles NEXOLIDER I programme, authorised by ASFI under resolution ASFI/733/2025, allowing the company to issue up to Bs 90 million (~$9.1 million) in short-duration market paper.

Each issuance under the programme is backed by a blanket guarantee over all the company’s present and future assets — a “quirografaria” or general lien — meaning bondholders rank equally with other unsecured creditors. The move from pure long-term bonds to a rolling commercial-paper programme gives NEXOLIDER a more flexible funding tool, closer to an overdraft facility than a mortgage.

What to watch

• Bolivia’s currency crunch. Bolivia has faced a shortage of US dollars and an unofficial exchange-rate gap for two years; a company that imports from Mexico in dollars and sells in bolivianos is exposed to that squeeze on every shipment.
• Debt rollover risk. With both long bonds and a new short-paper programme outstanding simultaneously, the pace at which NEXOLIDER can refinance and the interest rates it pays become the key financial signal to follow.
• Credit-rating updates. PCR’s periodic rating reviews, now covering its public bond programme, are the clearest public window into the company’s financial health. Any rating change would be filed on the BBV and ASFI platforms.
• Ownership and governance transparency. As long as the controlling shareholders remain unnamed in public documents, investors in the bonds carry a governance blind spot that most comparable Latin American issuers have resolved through prospectus disclosure.
• Client base growth. The 3,732 geo-referenced clients figure is a rare public metric; any update to that number — up or down — will signal whether NEXOLIDER is winning or losing ground in Bolivia’s fragmented distribution landscape.

This is news, not investment advice.