April 21, 2018 7:34 AM ET

Specialty Retail

Company Overview of Grupo Monge

Company Overview

Grupo Monge retails consumer electronics, household appliances, and home furniture primarily to low and middle-low income consumers in Central America. The company also engages in wholesale business in Costa Rica, as well as provides consumer finance for store purchases. The company was formerly known as Grupo M Holding S.A. and changed its name to Grupo Monge in June 2010. Grupo Monge was founded in 1969 and is based in Alajuela, Costa Rica. It has store locations in Costa Rica, Nicaragua, Honduras, Guatemala, and El Salvador.

200 Metros sur de la Antigua Aduana Las Canas

El Cacique


Alajuela,  1131-4050

Costa Rica

Founded in 1969


506 2588 8000


506 440 4707

Key Executives for Grupo Monge

Chief Executive Officer
Chief Financial Officer
Chief Executive Officer of Asia-Pacific
Singapore Chief Executive Officer
Compensation as of Fiscal Year 2017.

Grupo Monge Key Developments

Bladex Leads Successful Syndication of a $120 Million 3-Year Senior Unsecured Term Loan Facility for Grupo Monge

Banco Latinoamericano de Comercio Exterior, S.A. announced the successful closing of a $120 million 3-year senior unsecured syndicated loan for GMG Holding S.A. and subsidiaries ('Grupo Monge' or the 'Group'). Bladex was the Sole Lead Arranger and Bookrunner, and Administrative Agent for the Facility. The deal constitutes the second international syndicated facility for Grupo Monge. Proceeds from the Facility will be used to refinance Grupo Monge's existing indebtedness and extending the Group's debt maturity profile.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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