MercadoLibre is offering dollar notes that will mature in 2036 at an initial spread of about 160 basis points over comparable U.S. Treasuries, according to the report.
MercadoLibre has offered only two previous international bonds, including its first one in 2021 and its second one in December 2025, the report said.
MercadoLibre has been investing in logistics and its FinTech business, Mercado Pago, per the report.
MercadoLibre did not immediately reply to PYMNTS’ request for comment.
In 2021, MercadoLibre sold $1.1 billion in bonds to expand its fleet of electric-powered delivery vehicles and to accelerate financial inclusion in Latin America, PYMNTS reported at the time.
MercadoLibre said in a presentation released in conjunction with an August earnings call that it has been making “deliberate investments to strengthen engagement and long-term growth.”
These investments include higher shipping costs, initiatives on its marketplace in Brazil to improve price competitiveness, investment in user acquisition and higher point-of-sale (POS) device costs, the company said in a letter to shareholders issued at the same time.
Across its business, which includes operations in Brazil, Argentina, Mexico and 15 other countries, MercadoLibre saw its revenue increase 50% year over year to $10.2 billion in the second quarter. At the same time, the company’s margins compressed, which the firm attributed to these investments.
During an earlier earnings call held in May, MercadoLibre said its investments were driving increases in net revenue and financial income. For example, the company said a lower free shipping threshold in Brazil was delivering results beyond its expectations and that this move was “one of our most important strategic decisions in 2025.”
During a May earnings call, MercadoLibre Executive Vice President and Chief Financial Officer Martin de los Santos told analysts: “As we have always said, we’re not trying to optimize short-term margins. What we’re doing is we’re investing for the long term. We will continue to invest boldly in those initiatives.”
